Yesterday, the index price collided with the additional stable barrier at 16185, hindering the attempt to resume the upward attack despite its general positioning within the axes of the ascending channel. We noticed that it was once again attracted towards 16080.
We expect trading to be confined currently between the previously mentioned barrier, while the 15835 level constitutes additional support as shown in the attached drawing. Let us remain neutral for the current period and monitor the price behavior until it is liberated from these axes, and then to be able to confirm the suggested direction for the near and medium trades. The expected general tendency for today: sideways with the axes stable
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