XU100 has became bullish after the beginning of the falling in 2010-2013. Technically monthly chart is now (2023 May actually) in the same state as it was in 2004 April which suggests in a couple of years it will retest ATH and possibly will break it and continue further. Fibo channel visualizes possible support and resistance trend lines.
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.