#IsraelIranConflict #IsraelIranConflict Market News and Concerns

Since the Israeli attack on Iran, the market has experienced a strong shock and dropped significantly. The Israeli defense minister also stated that the attacks will continue for a few days, which may further affect the market, but looking at the technical analyses, the market is painting 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 bottom, which has already been established, and its strength has also eased.

The current market situation, from a technical standpoint, appears to be bullish, as its strength has fallen to its lowest level, the Bollinger range volatility is at its highest, and the price movement is also extended.