The first support at 46295 formed on March 5th and April 25th from which we then had a rebound. The second support at 43029 tested on February 28th.
Now everything is played on the holding of the last support, which if not maintained would project the courses at 37437 support created on February 7th.
Of course the loss from the 50,000 was very important.
The scenario that opens up is that of a target in the 37450 area.
LEVELS:
65500 maximum of April 14th
59900 maximum of 10 May
46295 minimum of March 5th
43029 minimum of 7 February
37437 minimum of 7 February
37437 I hope is the minimum where buyers would return compact.
A close above 46295 would reverse the scenario.
Graphics: tradingview.com
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