Over the week, we saw significant movement, but we didn't manage to enter the black overall correction level (OCL) due to strong market momentum, pushing us higher. At the blue resistance line, we finally turned around. Now, the question is how far we'll correct: will we see a full correction to around 99,500 or a deeper move toward 95,000? It's an exciting wait-and-see. I'd advise everyone to be cautious and prepared. The long-term move is definitely upward—the bull market isn't over yet—but there's also downside to consider.
Here, I share my market outlooks, highlighting key levels and directions I'm watching.
Don't follow blindly; always do your own research.
Don't follow blindly; always do your own research.
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.
Here, I share my market outlooks, highlighting key levels and directions I'm watching.
Don't follow blindly; always do your own research.
Don't follow blindly; always do your own research.
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.