BUX
The rally reversed at the key natural resistance level of 143,750, but did not fall far below it. This movement can therefore be considered a mild correction. A break above the red downward trendline could trigger another upward wave. The thin green trendline will reach the natural level of 137,500 within a few days. It’s worth waiting for a break above the thin red downward trendline, because as long as the price remains below it, the main uptrend could also be at risk.
Resistance levels: 143,750; 150,000.
Support levels: 134,375; 131,250; 125,000.
