Tomorrow's session titled "Sweetness of the Soul Before the Deep Dive to End the Correction Wave (c)," we've set our target projections between 28,900 and 30,200.
Based on the Ichimoku Kinko Hyo analysis, current trends for the EGX30 do not show positive signals. The index is submerged deep within the Kumo, with the Kijun Sen exerting downward pressure, making it...
MAKE IT OT BREAK IT ...
FVG @81.8-82.1EGP is the breaking point to go long or short
FOREX IS A VIRTUE
COMI is THE key driver for EGX30, its weight is almost 30%, followed by the Fertilizers sector (MFPC & ABUK).
When COMI outbreaks, Ferts are SHY.
11-2-2024 started positive, the 2nd H the market relaxed.
this lead to intraday consolidation & correction.
Opportunity is confirmed.
Intraday Targets: 6.09, 6.19, 6.25, 6.28.
Support zones: 4.84, 5.92, 5.98.