Wednesday forecast (March 22, 2023)
Uptrend scenario
An uptrend will start as soon, as the market rises above resistance level 621,2, which will be followed by moving up to resistance level 634.
Downtrend scenario
The downtrend may be expected to continue, while market is trading below resistance level 621,2, which will be followed by reaching support level 598 – 593,4.
Weekly forecast (March 20 – 24, 2023)
Uptrend scenario
An uptrend will start as soon, as the market rises above resistance level 642,6 – 648,2, which will be followed by moving up to resistance level 667.
Downtrend scenario
The downtrend may be expected to continue, while market is trading below resistance level 642,6 – 648,2, which will be followed by reaching support level 606,6.
Monthly forecast, February – March 2023
Uptrend scenario
An uptrend will start as soon, as the market rises above resistance level 688,6, which will be followed by moving up to resistance level 704,6.
Downtrend scenario
The downtrend may be expected to continue, while market is trading below resistance level 688,6, which will be followed by reaching support level 669,2, 661,2 and 648,2.
All information provided by Anton Kolhanov is for informational purposes only. Information provided is not meant as investment advice nor is it a recommendation to buy or sell any trading instrument. Anton Kolhanov is not responsible for any losses arising from any investment based on any recommendation, forecast or other information herein contained. You should do your own thorough research before making any investment decisions and seek advice from an independent financial advisor.
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