The index has a good rally after finding support at key old support levels. It broke past cloud chart resistance at both the bottom and top of the cloud chart resistance levels. It is now on its way to test the next cloud chart resistance zone at 12632 zone. The level after that is 12768, but not without a consolidation around the 12632 zones. The top end of the cloud at 12443 is now the next support zone! Index is up about 550 points since the MACD buy signal.
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