XU100 is bullish in monthly chart after a long time

21 באוג׳ 2023

XU100 has became bullish after the beginning of the falling in 2010-2013. Technically monthly chart is now (2023 May actually) in the same state as it was in 2004 April which suggests in a couple of years it will retest ATH and possibly will break it and continue further. Fibo channel visualizes possible support and resistance trend lines.