#IsraelIranConflict

After Israel attacked Iran, the market experienced a major shock and declined sharply. The Israeli Defense Minister also stated that the attacks would continue in the coming days, which could further impact the market, but if we look at the technical factors, the market is showing a different picture.

Before this attack, the market was overbought and needed a correction to cool off the strength and form a swing bottom, which has now been formed and the strength has also been cooled off.

The current market conditions based on technical factors support a recovery as strength decreases to its lowest levels, the volatility of the Bollinger bands reaches a maximum, and price action has also been extended.

Therefore, based on technical factors, the market is good for buying.