The index is expected to consolidate above the support level and then start an upward trend.
Otherwise, a downward trend will form and the support level will be broken.
Otherwise, a downward trend will form and the support level will be broken.
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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.