Noor Trends News, Technical Analysis, Educational Tools and Recommendations
The index logged sharp losses in the week’s first session, posting a 46,397 low.
Technical outlook
- 50-SMA (4H): Rolling over above price and acting as a descending ceiling (dynamic resistance), reinforcing the daily downtrend.
- RSI: Remains negative despite oversold readings, underscoring strong near-term bearish momentum.
Base case (bearish while below 47,000 / 47,050)
- Staying beneath 47,000 (and more broadly 47,050) keeps the downside favored.
- A decisive break/4H close below 46,395 would likely accelerate losses toward 46,150, with scope to 45,780 thereafter.
Invalidation / recovery path
- Reclaiming and holding above 47,050 would signal a rebound, targeting 47,120, then 47,250.
Risk note
Volatility is elevated and may be disproportionate to potential returns. Use prudent sizing and firm stops; reassess quickly if these levels give way amid trade/geopolitical headlines.
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: 46150 | R1: 47120 |
| S2: 45780 | R2: 47730 |
| S3: 45180 | R3: 48095 |
