This is an idea, not an advice
Since my last speculation went well here's the next speculations from techs perspective.
Every 26-28days or so in average, it makes a major move up and down within the days time frame. You know the good ol supply and demand being the reason etc.
Now the idea here is, it wont likely shift direction till the next 13-14 days. Contextually speaking, with the latest feds news, the downward trend will seem to stick to that realistically till the end of the month or so. The point here is that it will likely fall towards 10740.5 as an equalising ground in 14/09/2020.
What happens after that... will certainly be interesting.
Since my last speculation went well here's the next speculations from techs perspective.
Every 26-28days or so in average, it makes a major move up and down within the days time frame. You know the good ol supply and demand being the reason etc.
Now the idea here is, it wont likely shift direction till the next 13-14 days. Contextually speaking, with the latest feds news, the downward trend will seem to stick to that realistically till the end of the month or so. The point here is that it will likely fall towards 10740.5 as an equalising ground in 14/09/2020.
What happens after that... will certainly be interesting.