Weekly Forecast (October 17 – 21, 2022)
Uptrend scenario
An uptrend will start as soon, as the market rises above resistance level 178,550, which will be followed by moving up to resistance level 183,550 and 190.550.
Downtrend scenario
An downtrend will start as soon, as the market drops below support level 175.225, which will be followed by moving down to support level 169.375.
previous week forecast
Monthly Forecast, October 2022
Uptrend scenario
An uptrend will start as soon, as the market rises above resistance level 178,350, which will be followed by moving up to resistance level 183,90 and 189,325.
Downtrend scenario
The downtrend may be expected to continue, while market is trading below resistance level 178,350, which will be followed by reaching support level 170,850.
previous week forecast
