Weekly Forecast (October 17 – 21, 2022)
Uptrend scenario
The uptrend may be expected to continue, while market is trading above support level 79.150, which will be followed by reaching resistance level 89.075.
Downtrend scenario
An downtrend will start as soon, as the market drops below support level 79.150, which will be followed by moving down to support level 73.900.
previous week forecast
Monthly Forecast, October 2022
Uptrend scenario
An uptrend will start as soon, as the market rises above resistance level 80,675, which will be followed by moving up to resistance level 91,350.
Downtrend scenario
The downtrend may be expected to continue, while market is trading below resistance level 80,675, which will be followed by reaching support level 72,750 and 70,200.
previous month forecast