Weekly Forecast (January 23 – 27, 2023)
Uptrend scenario
An uptrend will start as soon, as the market rises above resistance level 4035, which will be followed by moving up to resistance level 4180.
Downtrend scenario
The downtrend may be expected to continue, while market is trading below resistance level 4035, which will be followed by reaching support level 3900 and 3805.
Monthly Forecast, January 2023
Uptrend scenario
An uptrend will start as soon, as the market rises above resistance level 3975, which will be followed by moving up to resistance level 4129.
Downtrend scenario
The downtrend may be expected to continue, while market is trading below resistance level 3919, which will be followed by reaching support level 3677 and 3548.
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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