With $2.97 Bn locked in the derivatives segment, Synthetic holds ~82.1% dominance in this niche. SNX hit its All-Time High of ~$28.98 on Feb 14. Since then, it has been consolidating in an Ascending Triangle and has given a breakout at the time of writing.
Key Levels to look out for:
The support is present at ~$18.5, and the bull rally is most likely to continue to the levels of $24 and $27.
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