- There is no trend in the market and the price is in a range bound, but we forecast beginning of uptrend.
- Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses.
- Relative strength index (RSI) is 58.
There is possibility of temporary retracement to suggested Trend Hunter Buy Zone (7508.30 to 6384.70), if so, we would set orders based on Daily-Trading-Opportunities and expect to reach short-term targets.
- Beginning of entry zone (7508.30)
- Ending of entry zone (6384.70)
Click on the level to view price action history.