Importance of the 20212.7-20357.0 section


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There may be differences in the support and resistance points I mentioned in the previous idea due to changes in the indicator you are using.

Please understand this.

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snapshot
Since indicators are expressed according to the movement of price or trading volume, it is not good to blindly trust indicators.

However, if you look at the movement of the indicator, you can have time to decide how to respond in the future.

In that sense, I think the StochRSI indicator is showing signs of creating a double bottom.

In the meantime, if it enters the oversold zone, I think it is highly likely that it will lead to an additional decline.

Therefore, if it falls from 20212.7, it is expected to fall to around 19823.6.

Therefore, whether there is support around 20212.7-20357.0 is an important issue.

The most important support and resistance area is around 19582.6.

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