A price action close to the lower range of the linear regression channel pattern supports a mean reversion trade.
A price action above 3320 supports a bullish trend direction.
Crossing below this level will negate the bullish stance.
Trend strength supports a strong trend gaining strength.
The 200-day might act as major support.
A price action above 3320 supports a bullish trend direction.
Crossing below this level will negate the bullish stance.
Trend strength supports a strong trend gaining strength.
The 200-day might act as major support.