"On the trading day of April 18th, the global market is indicating a slightly negative start, and the market sentiment is moderately bullish. Structurally, there is a lower probability for a big rally, but if the market initially shows a strong pullback, we can consider that the pullback will turn into a rally continuation. However, the immediate upside key level will be a potential rejection point. On the other hand, if there is an initial decline, we can expect a correction."
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.