Pivot Point : 3940

The expected scenario: entering into buying deals at the highest levels of 3940, targeting the levels of 4200.

Alternative scenario: entering into short deals at the lowest levels of 3940, targeting the 3000 levels.

Comment: The 100-50 moving averages are in a sideways direction, with the death crossover imminent, where the 50 average crossed above the 100 average, in addition to the presence of the liquidity flow indicator at oversold levels, confirming the Waiting for more hikes in the short term.