EGX70 remains in a short-term downtrend. In the near term, a small gap may be filled at 9,436. If the index rebounds from this level, it could retest the downtrend line. Should the upward move persist, the next resistance targets are the Fibonacci levels at 9,550 and subsequently at 9,600.
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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.