It is clear from the chart that we are now in a partial bearish market
R1 - Heavy resistance at 17900 levels
S1 - Temporary support at 16000 levels. If this breaks, the next support is 14200 levels
S2 - Global support level at 14200 levels, which may take a few more days to arrive at. I predict, if bear market continues, it will bottom out at 14200
R1 - Heavy resistance at 17900 levels
S1 - Temporary support at 16000 levels. If this breaks, the next support is 14200 levels
S2 - Global support level at 14200 levels, which may take a few more days to arrive at. I predict, if bear market continues, it will bottom out at 14200
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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.