After the index reached 1.09T, it corrected to the area of 0.925T (925 billion) and rebounded strongly from it, and is now trading at 1.045T.
Target direction: 1.8T
The scenario is confirmed by a daily close above 1.13T.
Targets:
First target: Area 1.25 – 1.30T
Target Two: 1.46T
Third target: Area 1.63 – 1.80T
A daily close above the last area opens the way towards the area of 1.97 – 2.11T.
The rise could extend to 2.32T.
> These areas are considered future resistances, the price may fluctuate around them or rebound from them, and any target that is not breached and closed above with a negative signal may witness a correction afterwards.
🔹 Just a personal effort, I may be right or wrong.
Analysis becomes effective after closing above 1.13T and closing below 871B.
