The index confirms the bullish outlook, with the full margin zone now serving as the primary target at the 30,300 level. It would be ideal to see a reversal pattern form via the daily balance.
However, it is worth noting that significant volume is building up at the strike price in the 30,500 area.
The index is hitting previous targets, with a decline commencing immediately after testing the margin zone. A strong pattern has formed, pointing toward a move to the 1/2 zone from the high.
We are currently positioned between the 1/4 and 1/2 levels.
In reality, there are no actionable signals here. We are monitoring to see which direction the index breaks.
