We are seeing a formation and hold of a higher Value area. Looking for a trend continuation play here with a potential test of the 46500 areas and a pullback to get to 49-50K areas. Idea invalid on break below 46K hold.
Note
Given the volatility will watch for support between 46100-45800 areas to kick in for the bullish inflection to hold through.
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.