SSE breakthrough with increasing volume
SSE down 60% from ATH, now is near -50%
Price 3000…3100 = strong battle zone, favoring long trend
Daily volume rising
The SSE has experienced a 60% drawdown from its all-time high, now hovering close to the -50% mark. The index price range of 3000 to 3100 is indicative of a significant battleground, with momentum favoring a sustained upward trend. Moreover, daily trading volume is on the rise, suggesting increased market activity and potential further price movement.
Price 3000…3100 = strong battle zone, favoring long trend
Daily volume rising
The SSE has experienced a 60% drawdown from its all-time high, now hovering close to the -50% mark. The index price range of 3000 to 3100 is indicative of a significant battleground, with momentum favoring a sustained upward trend. Moreover, daily trading volume is on the rise, suggesting increased market activity and potential further price movement.
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