• The index has an open gap at 3,818, which is a technical support level;
• Today, it is trying to stabilize above this gap, but the trend is still bearish;
• As long as the index keeps doing lower highs/lows in the 1h chart, and it stays below its 21 ema (which is pointing down, by the way), we can’t say the trend will reverse;
• So far, there’s no bullish reaction around indicating a possible bounce;
• For now, let’s keep our eyes on this gap at 3,818.
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• Today, it is trying to stabilize above this gap, but the trend is still bearish;
• As long as the index keeps doing lower highs/lows in the 1h chart, and it stays below its 21 ema (which is pointing down, by the way), we can’t say the trend will reverse;
• So far, there’s no bullish reaction around indicating a possible bounce;
• For now, let’s keep our eyes on this gap at 3,818.
Remember to follow me to keep in touch with my daily analyses!
İlgili yayınlar
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
İlgili yayınlar
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.