The price's slightly climbing is getting weak last few days, forming an ending diagonal according to my count. As long as the prices stay above the 10 265-10 232 key support, the main focus still remains on the upside. However, when testing the 2008 resistance area at 10 827 will see whether solid top can be found very soon (today or these days).
On the downside, any move below 10 232, where is the ground of the ED will negate the above bullish view, and the end of (Y) wave is already in place.The current move looks like an overthrow. Breaking the ground ED line, painting 5 waves down, will support my bearish expectations.
Good luck!
1 comment:
Better with grey :).
Post a Comment