The index is currently in an overall uptrend, moving within a corrective downward channel on the hourly timeframe, with some recovery in prices at today’s market open.
🔺 Bullish Scenario :
If bullish momentum continues and price holds above 45,000, the index may target 45,200, and with strong buying pressure, we could see a new high.
🔻 Bearish Scenario (Also Possible):
If the price rejects near 44,980 and breaks below 44,800 with confirmation, the index could head toward 44,600, and with further selling pressure, it may drop to 44,500.
🔺 Bullish Scenario :
If bullish momentum continues and price holds above 45,000, the index may target 45,200, and with strong buying pressure, we could see a new high.
🔻 Bearish Scenario (Also Possible):
If the price rejects near 44,980 and breaks below 44,800 with confirmation, the index could head toward 44,600, and with further selling pressure, it may drop to 44,500.
Aviso legal
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Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.