building on the strong support mentioned in the previous analysis at 27700.
Technically, as the index continues to receive positive signals from the RSI, it coincides with the positive signals from the 50-day moving average.
This encourages us to hold onto our positive outlook, knowing that trading above 28355 confirms and speeds up the strength of the bullish trend, so we will be waiting for 28560 as an initial stop that may extend to 28660.
The bullish scenario depends on the price remaining above 27910. Warning: the level of risk may be high.
S1: 27910 | R1: 28560 |
S2: 27480 | R2: 28780 |
S3: 27260 | R3: 29210 |