A drop below 7000 opens the way to the 6000 and 5000...4000 area.
Bears are once again trying to overcome important support. This time at 7700.
Bears are once again trying to overcome important support. This time at 7700.
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Here it is:
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A move below 6000 will change wave count from ABC to 1-2-3-4-5. First leg downwards?
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There is also the possibility to stay above 6000 :)
Supports @6600 and 6000. And third impulse down. Already happened?
Supports @6600 and 6000. And third impulse down. Already happened?
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The return to 7700 opens way to 8400:
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Nice bounce, but too early to celebrate. Bullish bias begins above 8500.