NAS100USD / TRADING INTO SENSITIVE AREA - 4HNAS100USD / 4H TIME FRAME
HELLO TRADERS
The statement mentions that prices began to increase by 10.95% at the beginning of September.
This indicates a strong bullish trend at the start of the month, reflecting optimism in the market or strong performance from NASDAQ 100 constituent companies.
Yesterday's drop of 1.61% indicates a short-term bearish move, suggesting market sentiment has turned negative or there's profit-taking after the earlier rally.
The expectation of a further decline of 2.35% and potentially 3.92% implies that the current bearish sentiment may persist.
Technical Analysis:
Current Market Condition:
The statement suggests that the NASDAQ 100 is trading in a sensitive range between 20,330 and 19,954, and that breaking either of these levels will determine the market's direction.
Upward Condition:
- Target 1: If the price trades above 20,330, it's expected to rise to 20,795.
- Target 2: If the price stabilizes above 20,795, the next target is 20,980.
Downward Condition:
- If the price falls below 19,954, it suggests a potential decline:
- Target 1: A decline to 19,884.
- Target 2: If it breaks below 19,884, further decline is expected to 19,335.
Indices
DJIA H1 | Potential bullish bounce off overlap supportDJIA (US30) is trading close to an overlap support and could potentially bounce off this level to climb higher.
Buy entry is at 42,337.84 which is an overlap support that aligns with the 50.0% Fibonacci retracement level.
Stop loss is at 42,100.00 which is a level that lies underneath a pullback support and the 61.8% Fibonacci retracement level.
Take profit is at 42,720.14 which is a swing-high resistance at the all-time high.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
Stratos Markets Limited (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 62% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Europe Ltd (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 59% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Trading Pty. Limited (www.fxcm.com):
Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com
Stratos Global LLC (www.fxcm.com):
Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd.
The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third-party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
SPX500 H4 | Bullish uptrend to extend?SPX500 is falling towards a pullback support and could potentially bounce off this level to climb higher.
Buy entry is at 5,709.32 which is a pullback support.
Stop loss is at 5,670.00 which is a level that lies underneath the 23.6% Fibonacci retracement level.
Take profit is at 5,825.45 which is a level that aligns with the 161.8% Fibonacci extension level.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
Stratos Markets Limited (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 62% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Europe Ltd (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 59% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Trading Pty. Limited (www.fxcm.com):
Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com
Stratos Global LLC (www.fxcm.com):
Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd.
The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third-party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
R2F Weekly Analysis - 30th September 2024 (ICT Concepts)Welcome to another R2F Weekly Market Analysis using ICT Concepts along with my own discoveries. I'm going to go through various assets/markets, and give a real-time view of how I perform my analysis on the weekends. I'll give my take on what has been happening, and what I'm expecting in either the coming days, weeks, or months. Without further ado, let's get into it!
- R2F
S&P 500 Daily Chart Analysis For Week of Sep 27, 2024Technical Analysis and Outlook:
The S&P 500 Index has recently exhibited a classic gap-fill pattern, reaching 5739 with an adjusted Index Rally to 5763 during the current week's trading sessions. However, there is a strong likelihood of a retracement to the newly established Mean Support at 5700 in the upcoming week. This potential retracement could lead to a further descent to the subsequent Mean Support level at 5620, potentially disrupting the current trajectory. Conversely, a substantial rebound to the Outer Index Rally at 5840 may intercept an anticipated downward trend, nullifying the projected decline.
GBPJPY: Inverse Head and Shoulders calls the bottom.GBPJPY got oversold on its 1D technical outlook (RSI = 28.124, MACD = -0.770, ADX = 29.222) as it was rejected today on the 1D MA50. On Sep 16th it touched the bottom of the long term Channel Up and rebounded, while the 1D RSI has been on a bullish divergence. We expect this bottom to be in the form of an Inverse Head and Shoulders. We are aiming for the 1D MA200 and the 0.5 Fibonacci level (TP = 150.500).
See how our prior idea has worked out:
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DreamAnalysis | NASDAQ Breakdown Critical Price Zones in Play!✨ Today’s Focus: One of the Most Crucial Assets in the Market – NASDAQ
We'll be breaking down its latest price movements and discussing what to expect next based on key market levels.
📊 Current Market Overview:
At the moment, we’re seeing some notable upward movement, targeting the buy-side liquidity. Recently, key levels of liquidity have been swept, including the Previous Month High (PMH) and the Previous Week High (PWH). With this in mind, we're anticipating a possible retracement or even a reversal from these highs.
🕓 Key Levels to Watch:
These are the essential zones we’re monitoring on the chart:
- PMH : Previous Month High
- PML : Previous Month Low
- PWH : Previous Week High
- PWL : Previous Week Low
- BSL : Buy-Side Liquidity
- 4H FVG : 4-Hour Fair Value Gap (a potential retracement and imbalance zone)
These levels represent critical areas where the price may gather liquidity, potentially driving it toward the next major target. Fair Value Gaps (FVGs) signify imbalances that the market might revisit to "rebalance" and collect orders.
📊 1-Hour Time Frame Outlook:
On the 1-hour chart, the price is respecting the 4-Hour FVG and has created some Low Resistance Buy-Side Liquidity (LBSL) just beside it. We could see a liquidity raid, where the price sweeps these BSL levels before heading lower. Keep in mind that this is a bearish scenario for NASDAQ, and it may not fully play out.
📈 Bullish Scenario:
For a bullish setup, we need to see a sweep of a key Sell-Side Liquidity (SSL) level before looking for buying opportunities. For day trading, you can drop down to lower time frames (LTF) to mark Low Resistance Sell-Side Liquidity (LSSL) areas, providing a draw on liquidity that could lead to a move toward the buy-side.
📉 Bearish Scenario:
On higher time frames, there isn’t much data supporting a bearish case right now. I recommend revisiting the 1-hour time frame analysis for a clearer picture of the current outlook.
📝 Conclusion:
As always, it's essential to remain flexible and adapt to evolving market conditions. Understanding these key levels and potential scenarios will help refine your trading strategy and identify opportunities.
🔮 Looking Ahead:
Stay tuned! We’ll continue to track NASDAQ along with the other major currency pairs. Expect timely updates and insights as market trends develop.
⚠️ Disclaimer:
The information provided is for educational purposes only and is not financial advice. Always perform your own research and consult a licensed financial advisor before making investment decisions.
NASDAQ: Short term bullish if the 1H MA50 holdsNasdaq turned on excellent bullish technicals on the 1D timeframe (RSI = 63.446, MACD = 268.010, ADX = 43.526) and that sets the tone for a strong medium term continuation. On the short term 1H timeframe however, we had a strong pullback today of -1.75%, the strongest inside the the two week Channel Up, but along the lines of the previous two. It managed to reach the 1H MA50 and is consolidating on it.
The 1H MA50 has been holding for the past week and as long as it continues, this will be the best buy opportunity to aim for a new +3.30% rise (TP = 20,600). If it breaks however, the pattern is negated, so keep the SL tight around pattern limits.
See how our prior idea has worked out:
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DJIA H1 | Potential bullish breakoutDJIA (US30) is rising towards a potential breakout level and could climb higher from here.
Buy entry is at 42,200.56 9 (at market) which is a potential breakout level.
Stop loss is at 41,890.00 which is a level that lies underneath a swing-low support and the 50.0% Fibonacci retracement level.
Take profit is at 42,661.89 which is a level that aligns with the 78.6% Fibonacci projection level.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
Stratos Markets Limited (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 62% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Europe Ltd (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 59% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Trading Pty. Limited (www.fxcm.com):
Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com
Stratos Global LLC (www.fxcm.com):
Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd.
The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third-party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
NAS100USD / UNDER (Sep) MONTH PRESSURE - 4HNAS100USD / 4H TIME FRAME
HELLO TRADERS
Initial Decline:
In the first part of September, prices fell by 8.21%. This indicates a negative trend early in the month.
Mid-Month Rise:
By the middle of September, prices reversed and began to increase, rising by 10.25%. This suggests a recovery or positive momentum starting mid-month.
End of Month Expectation:
It is expected that by the end of the month, prices will rise further, reaching a total increase of 14.45%. This projection suggests a continuation of the positive trend that started mid-month.
Overall, the prices of nas100usd a volatile price movement, with an initial drop followed by a recovery and an expected significant increase by the end of September.
Technical Analysis:
Current Market Condition:
The asset is under bullish pressure , As long as the price remains above 19,954, the bullish momentum is expected to continue.
Upward Condition:
- Target 1: If the price trades above 19,954, it's expected to rise to 20,432.
- Target 2: If the price stabilizes above 20.432, the next target is 20,797$.
Downward Condition:
- If the price falls below 19,954 , it suggests a potential decline:
- Target 1: A decline to 19,844.
- Target 2: If it breaks below 19,844, further decline is expected to 19,535.
Stairway to Heaven - R2F Model #1This is one of my models, named 'Stairway to Heaven'. Whilst I am an ICT trader, I developed this model myself. My models are considered POIs where I may look for a trade, but all my entries are based on using PD Array in a fractal nature, along with Time Theories.
Watch the vid, if you have any questions on it let me know.
- R2F
Nasdaq Long
Memory updated
Technical Analysis:
The market is currently trading within an ascending channel, characterized by two distinct touches on both the upper resistance and lower support levels. We recently observed a bullish rebound from the 0.236 Fibonacci retracement level, where sell pressure was rejected, allowing buyers to take control. Given this setup, there is a strong likelihood that the market will test the resistance level for a third time, with potential new highs projected between 20,500 and 20,800.
Fundamental Analysis:
As we enter the fourth quarter, seasonal consumer behavior, particularly driven by the upcoming festive period, is expected to influence the markets. With an uptick in consumer spending, many companies are likely to see a boost in sales, providing a positive backdrop for continued bullish momentum. Another catalyst for this period is yet to emerge but may further support the bullish outlook as we progress through Q4.
Current Position:
I am currently holding a long position, having identified 19,915 as a key resistance level that has recently been breached. The daily candlestick closed firmly above this level, indicating potential support for the continuation of the bullish trend. This breakout reinforces the case for upward momentum in the near term.
NAS100 H4 | Approaching overlap supportNAS100 is falling towards an overlap support and could potentially bounce off this level to climb higher.
Buy entry is at 19,782.62 which is an overlap support.
Stop loss is at 19,600.00 which is a level that lies underneath a pullback support and the 23.6% Fibonacci retracement level.
Take profit is at 20,186.17 which is a pullback resistance.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
Stratos Markets Limited (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 62% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Europe Ltd (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 59% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Trading Pty. Limited (www.fxcm.com):
Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com
Stratos Global LLC (www.fxcm.com):
Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd.
The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third-party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
US2000 H4 | Heading into multi-swing-high resistanceUS2000 is rising towards a multi-swing-high resistance and could potentially reverse off this level to drop lower.
Sell entry is at 2,278.81 which is a multi-swing-high resistance.
Stop loss is at 2,328.00 which is a level that sits above the 127.2% Fibonacci extension level and the all-time high.
Take profit is at 2,218.24 which is an overlap support.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
Stratos Markets Limited (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 62% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Europe Ltd (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 59% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Trading Pty. Limited (www.fxcm.com):
Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com
Stratos Global LLC (www.fxcm.com):
Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd.
The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third-party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
NAS100USD / TRADING BELOW 19,954 - 4HNAS100USD / 4H TIME FRAME
HELLO TRADERS
The text indicates a decline in July by 16.62%, followed by a recovery in August with a 15.64% increase. This suggests a reversal or correction phase from the previous decline.
Prices are trading below the key level of 19,954. This level is pivotal, as it serves as a reference point for determining future price movements.
Technical Analysis:
If prices remain below 19,954, the analysis predicts a potential decline of up to 8.29%, with support levels at 19,187, 18,688, and 18,317.
A break above 19,954 could signal a trend reversal, with potential resistance levels at 20,194 and 20,714.
UPWARD TARGET : 20,194 , 20,714.
DOWNWARD TARGET : 19,187 , 18,688 , 18,317.
WIG - Resistance becomes supportGreetings to you all! I decided to mix journalism and technical analysis in this post. I will describe the last 20 years of price action in Warsaw Stock Exchange Index (WIG), laying out the market structure and how it was shaped by key geopolitical events. Keep reading till the end, because the key message is that decade-long resistance level might have become a support zone, and Polish stock prices could be well-positioned for future growth.
Warsaw Stock Exchange Index (WIG) has declined during 2008 financial crisis, after reaching all time high of 67,772 PLN. This price level created a resistance that scared off any early advances and pushed away subsequent rallies. 2017 and 2021 brought 2 attempts that failed to break above the resistance. The first rally did not quite have the momentum required to push the price higher, and the buying power vanished over the next 2 years. 2020 brought crisis and a steep decline in price, which was followed by a quick recovery through 2021. Price managed to close above ATH during July - December period of 2021, but it was short lived. Rising interest rates in 2022 and high inflation growth over the last 12 months resumed the pessimistic tone markets have followed in the aftermath of the covid pandemic, resulting in price falling back below the resistance, which remained intact at 65K - 75K PLN level.
It is important to mention that 2021 rally changed the character (CoC) of the established market structure post 2008 crisis, because price closed above ATH and set a higher high. Now, if I consider a local market structure of 2020 - 2024, I can clearly see a basic uptrend pattern of Higher High > Higher Low > Higher High, which is confirmed by both MACD and RSI indicators on monthly chart. Collectively, the 2020-2024 price impulse broke above the decade long resistance, which may now act as support, but, if you're a careful observer, you would notice that this happened as well in 2021. Why this time is different? Because consider the broader economic context, and you'll also notice that in 2024 inflation is seemingly under control (though above the target rates). Moreover, central banks kept the interest rates pretty much flat in 2022, and some even proceeded to cut them, lifting capital restraints affecting companies.
Hence, overall picture for WIG looks quite optimistic. It gained 27% in the last 12 months, broke above strong resistance, and it did so by establishing an uptrend price impulse. Meanwhile, Polish currency appreciated by ~5% against dollar and rose to #6 economy in Europe as of 2023. It grew twice as fast as top 5 economies both in 2023 YoY and during 2020 - 2023 period. I guess I will add some WIG to my portfolio, it looks good to me. But you decide for yourself, I'm not a financial advisor and this is not a financial advice. Thanks for reading this post.
S&P 500 Daily Chart Analysis For Week of Sep 20, 2024Technical Analysis and Outlook:
In the current week's trading sessions, the S&P 500 Index has demonstrated significant fluctuations, breaching the Mean Resistance level of 5648 and attaining the Inner Index Rally level of 5666 and the Key Resistance level of 5667. The index is on the verge of achieving the targeted Inner Index Rally at 5739. Yet, a potential retraction to 5620 in the upcoming week's session, with the prospect of further descent to the subsequent Mean Support indicated at 5552, could disrupt this progression. Conversely, an expected downward trend may be intercepted by the realization of a robust rebound to the Inner Index Rally at 5739, negating the anticipated decline.