Confluence of supports in the 12000 area: fib 0.764, pattern of correction abc (not shown), sliding line and previous support bottom.
Note
Break up of sliding trendline means a correction is over: Note
Need one more (green arrow) move up above 13500 to turn up trendNote
Downtrend line broken. Longs at the retrace to 13300...12500 area.Note
Retrace completed. Targeting to 14000+Note
Resistance at 14000 broken. Targeting to 15000:
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.