Tariff war at the centerstage, safe haven demand keeps bulls in absolute domination digging heels at psychological zone 3200 now and eyeing for extension towards next resistance zone 3255-3278-3298
Meanwhile, any drop below 3200 will indicate retracement towards support zone 3185-3165 which may act as local demand base until selling pressure gains momentum breaking this zone for a deeper correction 3125-3100-3060
Important: RSI on monthly time frame reads 84 urging caution ⚠️ on heights.
Meanwhile, any drop below 3200 will indicate retracement towards support zone 3185-3165 which may act as local demand base until selling pressure gains momentum breaking this zone for a deeper correction 3125-3100-3060
Important: RSI on monthly time frame reads 84 urging caution ⚠️ on heights.
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Disclaimer
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.