The index has been in a passive state for quite some time. Any price swings occur abruptly, while the general movement remains smooth and calm, creating a rather dull and sleep-inducing appearance. This is exactly what we are observing now.
The value is rising gradually and has slightly slowed down after updating the historical high. Previously, it was suggested that a terminal diagonal triangle might be forming as part of wave 5 of the upward impulse.
If this is the case, the price will move downward from current highs, making it prudent to cautiously enter sell positions with a target at the обозначенной lower boundary of the предполагаемой pattern.
Investment idea: SELL 23820, SL 23930, TP 23200.
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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