Daily Chart on the left side
- After the drop it had nice recovery, followed by a sideward movement which the index left in the last days
- Passed through the resistance at 12’556.21 (horizontal line) and at 12’572.12 (76.4% Fibonacci Retracement)
- Golden Cross a few days ago
Weekly Chart on the right side - Uptrend since a few weeks
- 50 MA turned back upward
It looks as if it will soon reach its high of 17 February.
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Disclaimer
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.