Market Analysis for 9 January 2025: Key Levels and Insights
Mis à jour
Stop-losses are placed near the levels of 23,500 and 24,200.
The market is currently not ready to break the 23,500 level.
The levels of 23,500 and 23,700 have become significant, with the market trading in a range between 23,700 and 23,500.
For now, the levels of 23,550, 23,650, and 23,750 should be monitored closely.
Today, the market closed above the 23,520–23,540 range, indicating a possible upward movement, as an "M" pattern has formed near the 23,500 level. and hence the market tried to find support at 23600 and 23500 key levels today.
If the market breaks 23,500 and then 23,465, sustaining below 23,440, it may move down to 23,350.
Currently, the market is moving within a parallel channel.
Disclaimer:
This analysis is for informational purposes only and not financial advice. Trade at your own risk.
The market is currently not ready to break the 23,500 level.
The levels of 23,500 and 23,700 have become significant, with the market trading in a range between 23,700 and 23,500.
For now, the levels of 23,550, 23,650, and 23,750 should be monitored closely.
Today, the market closed above the 23,520–23,540 range, indicating a possible upward movement, as an "M" pattern has formed near the 23,500 level. and hence the market tried to find support at 23600 and 23500 key levels today.
If the market breaks 23,500 and then 23,465, sustaining below 23,440, it may move down to 23,350.
Currently, the market is moving within a parallel channel.
Disclaimer:
This analysis is for informational purposes only and not financial advice. Trade at your own risk.
Transaction en cours
corrections : Market Analysis for 10 January 2025: Key Levels and Insights
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.