DFM Index Surges Past 2014 Peak, Eyes All-Time Summit

    • Following a prolonged period of consolidation, the index has successfully breached its previous resistance level, paving the way for further gains.
    • A bullish Rounding Bottom Pattern has emerged on the monthly chart, underscoring a positive market outlook.
    • With the index currently trading at a significant 60% discount to its all-time high, it has demonstrated remarkable resilience and is poised to sustain its upward momentum.
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    Arijit Banerjee CMT CFTe is a seasoned expert in the financial industry, boasting decades of experience in trading, investment, and wealth management. As the founder and chief strategist of Naranj Capital, he’s built a reputation for providing insightful research analysis to guide investment decisions.

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