This/Next Week Forecast (June 20 – 24, 2022)
Uptrend scenario
The uptrend may be expected to continue, while market is trading above support level 782, which will be followed by reaching resistance level 810.
Downtrend scenario
An downtrend will start as soon, as the market drops below support level 782, which will be followed by moving down to support level 727.
Previous week forecast
Monthly Forecast, June 2022
Uptrend scenario
The uptrend may be expected to continue in case the market rises above resistance level 574, which will be followed by reaching resistance level 620.
Downtrend scenario
An downtrend will start as soon, as the market drops below support level 524, which will be followed by moving down to support level 455.