Index is near bottom of orange channel and also near to 1D SMA50
I think it will going to break soon because correction is not over yes
I suppose a final destination of 10% at around 17000
I think it will going to break soon because correction is not over yes
I suppose a final destination of 10% at around 17000
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During corrections usually index will drop to reach the 1D SMA200 (blu line)
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Beware of weekly chart forming out
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I think correction will continue until 1W SMA50 is reached
Right now sma is located at 16101
Right now sma is located at 16101
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Tomorrow next wave down will probably start
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Next days preview
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Index break channel down during past weeks
Now moving again toward upper border that will be around 19200-19300
Now moving again toward upper border that will be around 19200-19300