#IsraelIranConflict

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

How?

Before this attack, the market was in a state of overbuying, which required a correction to calm its strength and form a swing bottom, which has already occurred, and its strength has also eased.

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