Weekly Forecast (October 17 – 21, 2022)
Uptrend scenario
An uptrend will start as soon, as the market rises above resistance level 148,700, which will be followed by moving up to resistance level 152,375.
Downtrend scenario
An downtrend will start as soon, as the market drops below support level 146.725, which will be followed by moving down to support level 145.575 and 143.950.
previous week forecast
Monthly Forecast, October 2022
Uptrend scenario
An uptrend will start as soon, as the market rises above resistance level 148,325, which will be followed by moving up to resistance level 152,375.
Downtrend scenario
The downtrend may be expected to continue, while market is trading below resistance level 148,325, which will be followed by reaching support level 145,575.
previous week forecast
