The analysis from yesterday said! There will be a change in the market during the May Day holiday! The direction is upwards!

Yesterday's market started to rise again from the 941 support level we analyzed, and after we fell asleep, it dropped from around 95400 to 93600 before starting to rise. Currently, the market cannot drop further, and the discussion will shift to the height of the rebound and where we can enter long positions.

For today’s market, we first look at the moving averages. The MA120 has already flattened out, and we are just one step away from a golden cross with the EMA15. It is logical to be bullish here; we just need a single bullish candle to break through on the daily chart, and then we will see a trend towards a peak, which means at least a market of 100,000. The sideways movement here will most likely start to change during the May Day period, so I hope everyone doesn’t miss out on this wave of the market.