Monthly chart:index continues to consolidate within the July range, it is possible to form the inside bar. Support for a possible downward correction - the middle Bollinger band (1986.3)
Weekly: flat corridor 2056.2-2133.5
The daily chart: here we also see the flat. Index receives considerable support from the area of the bottom band (an impressive bullish pinbar), which confirms the overall bullish momentum.
Expectations: a continuation of the flat 2065.7-2131.3
1) Trading within channel 2065.7-2131.3
Monthly chart: a new wave of activity of ADX in favor of the bears. The lower Bollinger band again dropped slightly below (37.15)
Weekly: intermediate support in the area of 46.50 is likely to be under heavy load, and is likely to be broken.
The daily chart: Here, as we see, we have the option of upward correction from 46.50-46.92 zone to 52.75-54.00.
Expectations: to fall to 46.50-46.92, and then bounce up to 52.75-54.00, and a new wave down from the medium-term target 37.15.
1) Keep sales open and add a short position around the rollback 52.75-.54.00
Monthly chart: a technical correction in the area of the middle band (1217.39), from where bears will be going to attack to break down 1000.00, which they identified by the breakdown of the lower bottom in July.
The weekly chart: a local resistance on a strong pivot 1170.01, where is the middle Bollinger band. From there, with a high probability of success, you can open Sell.
The daily chart: some gripping between support 1071.53 and resistance 1133.00.
Expectations: So, we wait when the price will reach resistance 1133.00 and possibly 1170.0, where we will wait for the short signal.
1) We are waiting for the sale opportunities from 1170.00 zones and thus, can buy from the support 1071.53
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