Technical analysis of the QSE index:
The General Index managed to close up 2.61% from the week before. Better yet, the index managed to sustain a close above the 9,000 level, which puts it in a strong position to reach the 9,500 level. We wait on how that challenge will unfold to determine the next direction for the index. The major resistance levels are around the 9,500-9,600 points and the closest support is around the 8,600 level.
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