Will NI225 decide where to go in August ?

The index, which continues to rise with the reaction following the fall after Covid-19, is still following its rising channel. However, it has not broken the downtrend, which is shown in red.

Will it be able to test 24600 levels by breaking its downtrend in August with support from its moving averages or will it return to 20700 levels?

Only personal opinions and ideas. Does not include "Legal Investment Advice"...