We may very close to the end of the correction around 11.200. However if markets break that level, next support are around 9000 level..
Note
The Monthly 9000 support line wasn't broken. The bounce back was quite strong. Next is likely a retest of the long term supporting trend line.Note
And back we are at the long term trend line...Let's see where the next leg down will bring us.
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Disclaimer
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.