It may touch 190 and may even break out ..
Sentiment & Factors :
1.Upcoming Earning Results
2.US election results
3. COVID vaccine news
4. Increased Industrial Production
Taking RSI , Bollinger Bands and PitchFork indicators into account, Still have enough room for expansion
Look For Buy (Positional)
Broke Above 200DMA + At Support
But Resistence Shown In Monthly
In Weekly & Daily It Looks Like Support
Keep Your Eyes On Index
(Risk Must Be Managed.)
Give Me A Thumbs Up...👍
Price exactly rejected as expected from the previous high after breaking the channel for the second time which denotes price is strongly bullish.
Now price might take support from 173 levels or channel bottom. Look for it and go long to make some bucks.