Current price: 40445
Key point: 40100
Our preferred direction: Buy positions above 40100 levels with 40800 as a first target and then 41200 as a second target.
Alternative scenario: Stop loss and change the trend by breaking the 40100 level, targeting the 39800 levels.
Technical commentary
The index is approaching the support levels 39900-40100 and the ascending trend line, so it is expected to rise again to the 40800 levels.
In the event of a decline and stability below the 40,100 levels, the index will fall to the 39,600 levels.
