We seem to be trading in an Ascending Channel in addition to a Horizontal Range within a larger Horizonal Range. Breaking 47993.5 support could cause more downside to 47000.0 lows. Breaking 51335.0 resistance could cause more upside to 51917.5 highs, followed by 52623.0, 53264.0 and 53873.0 respectively.
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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.