Monthly: the upper Bollinger band hints at the possibility of reaching new absolute highs. ADX has not reached the trend value yet, but it is growing. All these facts can talk about a very serious Northern potential.
Weekly: at the local level, we witness contradiction of ADX/RSI, so another downward rollback from resistance 2196.4 to support 2088.7 is possible (middle Bollinger band)
Daily chart: trend status of ADX allows expecting an upward movement without rollbacks. But just in case we point to the local support from the middle Bollinger band (2163.9), which is the best possible zone for entry into purchases.
The main scenario - surge to 2245.0
The alternative scenario - touch of 2196.4 and then a downward rollback to 2163.9
Monthly: the bulls have a chance to seize the initiative. If resistance 51.72 (middle Bollinger band) will not hold buyers, we can see the new medium-term growth towards 71.41 (upper band)
Weekly: at the local level, we also have determination to North.
Daily chart: a better shaped resistance 49.35 (the upper Bollinger band). Intermediate resistance is at 45.88 (middle band)
The main scenario - surge to 49.25
The alternative scenario - touch of 45.88 followed by a drop to 43.00
Solutions: purchase aimed at a breakthrough of the level 45.88 to 49.25
Monthly: ADX is getting more active, therefore in the medium run we consider only the northern plans.
Weekly: the local support 1282.01 (middle Bollinger band), from where we can consider buying again.
Daily chart: a better shaped support 1310.49 (bottom band), the resistance is at 1371.78 (upper Bollinger band)
The main scenario - drop to 1310.49 followed by growth to 1371.78
The alternative scenario - drop to 1282.01
Solutions: looking for purchases around 1310.49 and 1282.01
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