Arrow returns to the upside move, as the price is testing the resistance 340.85 after testing the support level of 330.70 to the downside, and it reached the support level near the SMA 50. Which is moving near the major support at 330.50.
The stochastic oscillator approached the overbought zone, coinciding with the price testing of the support level.
The expected trading range is between 301.40 support and 350.50 resistance.
The expected general trend for today: Bullish.