Weekly Forecast (October 31 – November 4, 2022)
Uptrend scenario
The uptrend may be expected to continue, while market is trading above support level 178.550, which will be followed by reaching resistance level 188.250.
Downtrend scenario
An downtrend will start as soon, as the market drops below support level 178.550, which will be followed by moving down to support level 173.350.
previous week forecast
Monthly Forecast, November 2022
Uptrend scenario
The uptrend may be expected to continue, while market is trading above support level 178.550, which will be followed by reaching resistance level 191.500.
Downtrend scenario
An downtrend will start as soon, as the market drops below support level 178.550, which will be followed by moving down to support level 173.350.
previous week forecast
