Noor Trends News, Technical Analysis, Educational Tools and Recommendations
The index extended losses as mapped in the prior view: the 46,260 break unlocked 46,140, then sellers pressed toward 45,785/45,780.
Technical outlook
- 50-SMA (4H): Rolling over above price as a descending ceiling, reinforcing the broader downtrend.
- RSI: Firmly negative, adding to downside pressure.
Base case (bearish while below 46,230)
- Maintaining trade beneath 46,230 keeps the path lower toward 45,530 next; follow-through would eye 45,080.
Invalidation / recovery path
- Reclaiming and holding above 46,230–46,270 would ease immediate pressure and allow a rebound toward 46,685 (prior resistance zone).
Event risk
- High-impact prints today: UK Retail Sales, prelim Manufacturing/Services PMIs for the UK, Eurozone, and US. Expect elevated volatility around the releases.
Risk note
Volatility is high and may be disproportionate to potential returns. Use prudent sizing and firm stops; reassess quickly if the trigger levels give way.
Trading in CFDs involves risks, and therefore all scenarios are subject to potential outcomes. The analysis provided above is not a recommendation to buy or sell but rather an illustrative reading of price action on the chart.
| S1: 45530 | R1: 46685 |
| S2: 45075 | R2: 47385 |
| S3: 44370 | R3: 47840 |
