The index price did not move anything by continuing to form mixed sideways trades, maintaining its base near 16080, to be affected by the conflict of positivity of the main indicators in the face of repeated stability below the stable barrier at 16285.
Therefore, we will continue to wait for the price to succeed in gaining negative momentum to enable it to activate the bearish corrective path suggested previously. Let us remember that the initial targets are positioned near the level of 15835 and 15645, respectively.
The expected general trend for today: bearish with the stability of the barrier
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.