Hello everyone,The index price presented more sideways fluctuation by settling near 15830, trying to counter the negativity of the Stochastic indicator, which is currently stable below the 50 level, to generally maintain positive stability within the axes of the main ascending channel.
We will now rely on the stability of the additional stable support near 15660.00, to increase the chances of the price gathering the positive momentum required to resume the upward attack. We will then wait for it to touch the 16028 level and then try to reach the historical resistance extending towards 16224.
Pivot Price: 15839
Resistance prices: 16028 & 16224 & 16404
Support prices: 15553 & 15253 & 14983
The general trend expected for today: Bullish
We will now rely on the stability of the additional stable support near 15660.00, to increase the chances of the price gathering the positive momentum required to resume the upward attack. We will then wait for it to touch the 16028 level and then try to reach the historical resistance extending towards 16224.
Pivot Price: 15839
Resistance prices: 16028 & 16224 & 16404
Support prices: 15553 & 15253 & 14983
The general trend expected for today: Bullish
