The WIG index rate surpassed the upper range of this year’s consolidation (ceiling 128.2k) and entered a new historic maximum. In the last week it consolidates in a narrow range, further indicating control exercised by demand.
The broken level 128.2k has reversed into support for a possible retracement. One can consider that the March trough around 114k is key support for the main bullish trend, and only its eventual break in the future would signal a deeper correction.
The mWIG40 index broke its previous historic maximum at 9170, entering a new one. If buyers defend this level (i.e., no false breakout), they can continue the bull market from this plateau.
However, if supply in the coming days pulls the rate below 9170, it could signal a double‑top formation and the resulting correction. The trough separating the two peaks is the March minimum, and if a double top forms, this level could be taken as a target.
