The Index will need to break and hold above the price channel at 3834.25 to form the next leg up. It will take a lot of strength and determination to make that happen.
There are heaps of room to the downside for a correction.
Resistance: 3834.25, 3868, 3922.25
Support: 3780, 3746.50, 3692, 3658.25, 3604, 3570.25
There are heaps of room to the downside for a correction.
Resistance: 3834.25, 3868, 3922.25
Support: 3780, 3746.50, 3692, 3658.25, 3604, 3570.25
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.