Last week was a falling week as the EGX 30 index fell from 10,900 to 10,560 retracing exactly 62% of the previous rise, thus hinting of a potential higher low formation, which should have a bullish effect on the market.
Last week was a falling week as the EGX 30 index fell from 10,900 to 10,560 retracing exactly 62% of the previous rise, thus hinting of a potential higher low formation, which should have a bullish effect on the market.