If we look at the indicators, we'll get signals supporting the uptrend. is based on the 4H and the daily time frames. DMI is too and line rises which tells us about the power of bulls. We should be ready to see the development of the uptrend with reaching at least 10000.00 level. As is in the overbought zone and it's going to confirm the price reversal from 8000.00 , probably we'll see a short term retracement to the uptrend line. But I think the price will bounce from 7500.00 or 7000.00 support levels and continue the upward movement. The markets becomes and it's good!
And what do you think about the further price movements in this market? Please, share your thoughts in comments.
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