Thursday forecast (September 22, 2022)

Uptrend scenario

An uptrend will start as soon, as the market rises above resistance level 1699.1, which will be followed by moving up to resistance level 1717.3.

Downtrend scenario

The downtrend may be expected to continue, while market is trading below resistance level 1699.1, which will be followed by reaching support level 1661.9 and 1638.3.

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Previous day forecast

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Weekly Forecast (September 12 – 16, 2022)

Uptrend scenario

An uptrend will start as soon, as the market rises above resistance level 1699, which will be followed by moving up to resistance level 1746,4.

Downtrend scenario

The downtrend may be expected to continue in case the market drops below support level 1673,3, which will be followed by reaching support level 1611.

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Previous week forecast

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Monthly forecast, September 2022

Uptrend scenario

An uptrend will start as soon, as the market rises above resistance level 1740.2, which will be followed by moving up to resistance level 1826.

Downtrend scenario

The downtrend may be expected to continue, while market is trading below resistance level 1740.2, which will be followed by reaching support level 1673.3 and if it keeps on moving down below that level, we may expect the market to reach support level 1566.2.

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Previous month forecast

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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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