BIST100 (XU100) Major and Minor Channels
BIST100 Major and minor channels.
Log-graph.
- Orange channel is there since 1998.
- Purple channel is where we are surfing since Oct 2021. As long as we are above 5075, we are at the upper half of this channel, which is bullish.
- April 21 or 24 is an important date, where we have overlapping channels, one is descending and the other is ascending. If we are above 5155 on Apr 24, i will be short term extremely bullish until the elections.
Log-graph.
- Orange channel is there since 1998.
- Purple channel is where we are surfing since Oct 2021. As long as we are above 5075, we are at the upper half of this channel, which is bullish.
- April 21 or 24 is an important date, where we have overlapping channels, one is descending and the other is ascending. If we are above 5155 on Apr 24, i will be short term extremely bullish until the elections.
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.