The past trading day for the index passed without significant changes. The value remained virtually unchanged, with the index continuing to trade sideways, increasingly lulling vigilance. Therefore, the previously discussed scenario and expectations remain valid.
The development of a terminal diagonal triangle is still anticipated, with the third wave currently forming. This wave has developed only halfway. In the near term, the second part of this wave is expected to develop, with targets lying at the upper boundary.
Therefore, long positions should still be considered the most promising trading option.
Investment idea: BUY 23450, SL 23300, TP 24600.
The author's opinion reflects their personal view and is not an investment recommendation. The company is not responsible for any trading results based on the provided analytical data.
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Bob Stan
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