Price has broken below the 45,700.00 zone, confirming bearish pressure after multiple rejections from the 46,400.00 resistance area. This breakdown shows that sellers remain in control, pushing the index lower as buyers fail to defend key structure levels.
Support at: 45,000.00 🔽 / 44,000.00 🔽 / 43,323.50 🔽
Resistance at: 45,700.00 🔼 / 46,150.00 🔼 / 46,400.00 🔼 / 46,809.40 🔼
🔎 Bias:
🔽 Bearish: As long as price stays below 45,700.00, momentum favors a continuation toward 45,000.00 and potentially 44,000.00 next.
🔼 Bullish: A decisive recovery above 46,150.00 would signal renewed buying interest and shift focus back to 46,400.00–46,809.40.
📛 Disclaimer: This is not financial advice. Trade at your own risk.
Support at: 45,000.00 🔽 / 44,000.00 🔽 / 43,323.50 🔽
Resistance at: 45,700.00 🔼 / 46,150.00 🔼 / 46,400.00 🔼 / 46,809.40 🔼
🔎 Bias:
🔽 Bearish: As long as price stays below 45,700.00, momentum favors a continuation toward 45,000.00 and potentially 44,000.00 next.
🔼 Bullish: A decisive recovery above 46,150.00 would signal renewed buying interest and shift focus back to 46,400.00–46,809.40.
📛 Disclaimer: This is not financial advice. Trade at your own risk.
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.
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.