For now, the first target looks like support band. If it drops into that area, it still has room to correct further, so the index situation is very critical. If we can see a reversal in the index, the first zone could be enough, but if selling continues in the index, second band comes into play
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
$TE
For now, the first target looks like support band. If it drops into that area, it still has room to correct further, so the index situation is very critical. If we can see a reversal in the index, the first zone could be enough, but if selling continues in the index, second band comes into play