As long as the index fluctuates above the support area, the upward trend will likely continue. Otherwise, the correction will continue to the specified support levels.
It is expected that the upward trend will end in the current resistance area and we will see the beginning of an downward trend. Otherwise, the upward trend will continue to the 78.6% level and then a trend change will be expected.
It is expected that a trend change will form in the current support area and we will see the beginning of an upward trend. Otherwise, the correction will continue. If the price crosses the support area and the support trend line, a long-term downtrend will be established.
A correction to the support zone is expected. Then there is a possibility of a trend change, and an upward and fluctuating trend is likely.
A correction to the specified support zones is expected, then there is a possibility of continuing the upward trend. A break of the red support zone will cause a continuation of the downtrend.
Considering the price behavior in the current resistance zone, possible scenarios have been identified. As long as it fluctuates below the red resistance zone, a continuation of the downtrend is likely.
It is expected that a corrective and fluctuating trend will form in the current resistance range. Then the upward trend will likely continue.
It is expected that after some fluctuation and correction, a trend change will form in the specified support range and we will see the start of the upward trend.
The price is expected to stabilize above the resistance level, then continue the upward trend. Then there is a possibility of breaking the resistance range.
A trend change is expected to form within the current support area and we will see the start of an uptrend. A break of the resistance trend line will be confirmation of the uptrend.
It is expected that within the current support area and the specified time frame, the corrective pattern will be completed and we will witness the start of an upward trend. If the price breaks through the red support area, a continuation of the downward trend will be possible.
The price is expected to consolidate above the support area, then if the resistance trend line is broken, a continuation of the uptrend is likely.
The price is expected to consolidate above the current support level. Then, a continuation of the uptrend is likely. Otherwise, a continuation of the downtrend to the specified support levels is possible.
It is expected that after some fluctuation and correction, the upward trend will continue to form until the specified resistance level. Then, the continuation of the movement will proceed according to the specified paths.
Given the behavior of the index within the current resistance range, possible scenarios have been identified. It is expected that after some volatility, a corrective trend will form.