Chart courtesy of Chartnexus.com
There are now 3 deliberate layers of resistance used to suppressed this sector as illustrated above,
indicated by the YELLOW REGION @ 296.84 points, ORANGE REGION @279.79 points AND RED REGION @ 270.74 points.
The shipping and ship-building sector will be the first to turn as this is the weakest sector in all international financial markets.
Bearish all shipping and ship-building stocks