We see strong bullish momentum, break-out through the upside is confirmed and a prior resistance at 9470 has become a short-term support. From such a long accumulation phase at the 9k - 10k level we should see more green magic to come. I am expecting further moves to the upside while 10.3k seems to be a probable target. MACD, RSI and increasing volume are confirming the upside potential.
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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.