Market Outlook: FTSE Pullback & EGX30 CorrelationFTSE Egypt IndexFTSE_DLY:WIEGYmnmabroukw36ixπ Index Structure: The FTSE index is currently undergoing a healthy pullback. π¬οΈ This retracement is a normal part of a trending market, allowing for a reset of technical indicators. I am monitoring two primary downside targets: Primary Support: 20,685 π― Secondary Support: 19,700 π‘οΈ π§ The "Line in the Sand": While we remain constructive on the long-term trend, the 19,400 level is our critical threshold. π§± A decisive break below 19,400 would invalidate the current bullish structure and serve as a mandatory stop-loss for major EGX30 stocks. πβ οΈ π Strategy: Keep a close eye on the price action at the 20,685 level first. If the index holds there, it could signal an early end to the correction. However, if 19,400 fails, it suggests a broader trend reversal is underway. ππ If you like my insights, follow and boost! πππ π $15 TradingView Discount: π https://www.tradingview.com/pricing/?share_your_love=mnmabroukw36ix β¨πΈπ€