Crossed below its 200-day simple moving average - which supports a bearish trend direction.
A price action below 63 600 supports a bearish trend direction Crossing above this level will negate the bearish stance.
Breaking further below 61800 might target 60600.
Breaking above 63000 will be the first sign of strength building in the index.
RSI leaves enough room for further downside price potential.
A price action below 63 600 supports a bearish trend direction Crossing above this level will negate the bearish stance.
Breaking further below 61800 might target 60600.
Breaking above 63000 will be the first sign of strength building in the index.
RSI leaves enough room for further downside price potential.
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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.