After a prolongued rally, BIST, Turkish Stock Market is entering it’s bearish trend. The levels that are shown has to be followed as guide lines and obeyed if broken otherwise. The sentiment is bearish therefore I do not expect upper breaks to continue yet I expect they remain as bull-traps.
Note
Right around these levels 7750, the analysis above is updated as a new idea.
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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.