The index price was forced to form slow sideways waves during the recent period due to the conflict of the main indicators with each other, which hindered the attempt to resume the upward attack and thus settled near 15265.
The price may have to offer more sideways trades until it gains additional positive momentum to enable it to attack the stable obstacle near 15400. Let us stress the importance of achieving a breach of this level to open the door to reaching additional stations near 15530 and 15600, respectively.
The general trend expected for today: Bullish
The price may have to offer more sideways trades until it gains additional positive momentum to enable it to attack the stable obstacle near 15400. Let us stress the importance of achieving a breach of this level to open the door to reaching additional stations near 15530 and 15600, respectively.
The general trend expected for today: Bullish
