* AFTER EGX30 BOOKED A NEW RECORD HIGH AT 18400, CORRECTION HAS TAKEN PLACE AND THE MARKET SLIPPED ROUGHLY 1000 POINTS - IN NEAR TERM , THE BEARS ARE IN CHARGE OF THE MARKET AS PRICE HEADS DOWN TOWARD 17400 - ADVACE/DECLINE SPREAD SINCE 29/4/2018 TENDS TO BEARS, THE NUMBERS OF ADVANCING STOCKS TODAY - AS EXAMPLE- WERE 25 WHILE THE DECLINING STOCKS WERE 132 - TAKE A LOOK ON ADVANCE/ DECLINE RATIO (25/132) IT‘S 0.19 LESS THAN 1 IT MEANS BEARISH TO CHOPPY MARKET (BEARISH TREND IS PRESENT) - MONITOR THE KEY LEVEL 17400 , BREAKOUT DOWNWARD , YO HAVE TO TAKE ACTION IN LINE WITH YOR STRATEGY
