SGX Demand & Supply

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SGX NF
as per trendline chart we clearly can see demand and supply zone
however weekly strong support zone 16664 and 16428
if weekly break down below 16428 than long time we can see major down side movements ?

What's your opinion on it?
comments and smash like.
Note
SGX NF came lower side 16899

almost 350 points down from mentioned zone
Trend AnalysisTrend Lines

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