The mining heavy index is flirting with 7436 (100% Fib expansion level). Also take note of the potential bullish break from the expanding triangle formation.
I say potential because a breakout would be confirmed on March 31.
Rejection at 7436 followed by a close on March 31 below 7263 would signal correction.
I say potential because a breakout would be confirmed on March 31.
Rejection at 7436 followed by a close on March 31 below 7263 would signal correction.
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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.