Last time this index was in the powerful green cloud in the ichimoku weekly was in August 2020.
Considerable support for partial accumulations:
- 3899 (Weekly ichimoku cloud support)
- 3415 (Weekly 200 MA support)
Note that it has already been tested twice in the last 4 years, the risk of missing this important watershed increases and would be in my opinion the beginning of Bear MRKT.
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