The Daily chart shows an inverse Head and Shoulder pattern which is trend reversal pattern (bullish signal)
The MACD is above 0 (bullish signal)
RSI seems to be strong
Having said this we might see a downturn to around 40K or even 38K before we see it bounce back to 58K support level
This is not financial advise.
The MACD is above 0 (bullish signal)
RSI seems to be strong
Having said this we might see a downturn to around 40K or even 38K before we see it bounce back to 58K support level
This is not financial advise.