As previously stated two analysis . First on 22 April
. The spill has been effective to 88,200 Level
And also after the spill , as we have stated with the run away gaps t the downside.
The second analysis of 12 JULY
Turkish manipulators, if necessary conditions are not strongly distrubed, have the tendency to close those gaps.
So expect to close...
Notice the huge pressure to the downside and the general pattern is still very very bearish with a possible target of 75.000 ( the mean of the previous squueze channel)
Although Turkish Manipulators like to close all possible gaps when/if there is suitable environment, this gaps mean that there will be a huge pressure on the market to the mean 75.000.
It also...
Chart Patterns showing signs of weakness and potential topping formation. While as the announcement of the election, RSI and Momentum should be closely watched for any positive or negative divergence.
