Two scenarios for Total index
1- If you look at the left side, the price entered the channel cycle after the downward spike, and after that it formed the ceiling and floor of the trading range for me, and now it has returned from the ceiling again, and it is expected that the floor of the trading range is the number 759 move.
2- If we ignore the left side of the price, the price has entered the channel cycle after an upward spike (specified), and the second collision of the channel usually continues the movement behind it, i.e. rising.
I consider the second scenario probable.
1- If you look at the left side, the price entered the channel cycle after the downward spike, and after that it formed the ceiling and floor of the trading range for me, and now it has returned from the ceiling again, and it is expected that the floor of the trading range is the number 759 move.
2- If we ignore the left side of the price, the price has entered the channel cycle after an upward spike (specified), and the second collision of the channel usually continues the movement behind it, i.e. rising.
I consider the second scenario probable.