#IsraelIranConflict #IsraelIranConflict Market News and Concerns

Since the Israeli attack on Iran, the market has experienced a strong shock and has dropped significantly. The Israeli Defense Minister also stated that the attacks will continue for a few days, which may further impact the market. However, looking at the technical analyses, the market paints a different picture.

How?

Before this attack, the market was in an overbought condition, requiring a correction to calm its strength and form a swing low, which has already happened, and its strength has calmed down as well.

The current market situation is technically in an upward direction, as its strength has dropped to its lowest level, and the Bollinger range volatility is at its highest levels, and the price movement is also extended.