Sine trend in the stock market / the possibility of selling pressure on the stock exchange tomorrow

According to Tejarat News, the stock exchange had a growing trend at the beginning of today’s trading. The growth rate slowed down and finally the overall index ended with 0.1% growth compared to the previous day.

Ali Assari, a stock market expert, said: “A very important sign has been seen in the stock market in the last two weeks.” The stock is moving on a sine chart. In this way, if the market trend is bullish at the end, the market start tomorrow is bullish and vice versa.

He continued: The turning point of the market is its half. At 10:30 the trend changes drastically. As we saw today. The market started to grow due to the growing end of yesterday, especially in the automotive group.

Assari said: the supply of the second half of the market will naturally spread to tomorrow and the market will start its work with a negative routine and will be wide. But again, at tomorrow’s turning point, we will see the return of the market.

The stock market expert said: “The market conditions are such that the starting point and the end of the market are almost on the same level and the market is tried to end without much change.” This is mostly due to ambiguity among investors. It remains to be seen what will happen from the Barjam negotiations or other market variables.

Read the latest stock market forecast every day at 5:00 PM on the Forex Trading News page.