Futures Steady Ahead of Key Inflation Report
The price has advanced, successfully reaching our target, with momentum still driving toward 5,491 and 5,525.
Bullish Scenario:
As long as the price trades above 5,460, the bullish trend is expected to continue toward 5,491 and 5,525.
Bearish Scenario:
Stability below 5,458, confirmed by a 4-hour candle close, could support a decline towards 5,409 and potentially further to 5,372.
*Key Levels:
- Pivot Line: 5,458
- Resistance Levels: 5491, 5525, 5584
- Support Levels: 5409, 5372, 5320
Today's Expected Trading Range: The price is anticipated to fluctuate between 5,409 and 5,525.
Tendency: Bullish momentum