Weekly Forecast (August 29 – September 2, 2022)
Uptrend scenario
The uptrend may be expected to continue, while market is trading above support level 440, which will be followed by reaching resistance level 471.
Downtrend scenario
The downtrend may be expected to continue, while market is trading below resistance level 440, which will be followed by reaching support level 395.
previous week forecast
Monthly Forecast, August 2022
Uptrend scenario
The uptrend may be expected to continue in case the market rises above resistance level 440, which will be followed by reaching resistance level 471.
Downtrend scenario
The downtrend may be expected to continue, while market is trading below resistance level 440, which will be followed by reaching support level 420 and then to 372, 348.
