On daily chart, the SPND continues to create a series of higher lows and higher highs, which confirm current uptrend. It seems that, SPND is on his way to test the current resistance area that lies on 15.64 – 15.81$, which consider the level, that the SPDN need to break it to upside, to trigger it targets higher levels near to 16.26 - 16.80 - 17.27$ on short term basis. We notice that positive indicators and volumes, that of course will increase the probability of a mentioned positive scenario.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.