Weekly Forecast (October 3 – 7, 2022)
Uptrend scenario
An uptrend will start as soon, as the market rises above resistance level 3751,25, which will be followed by moving up to resistance level 3883 – 3936.
Downtrend scenario
The downtrend may be expected to continue in case the market drops below support level 3587, which will be followed by reaching support level 3397.
previous week forecast
Monthly Forecast, October 2022
Uptrend scenario
An uptrend will start as soon, as the market rises above resistance level 3936, which will be followed by moving up to resistance level 4175.
Downtrend scenario
The downtrend may be expected to continue, while market is trading below resistance level 3936, which will be followed by reaching support level 3397.50.
previous week forecast
