It appears a bottom was reached so looking at the recent momentum it could be a 5 wave affect.
It does seems seem like a tipping point at present though, It could develop more into a consolidation.
It does seems seem like a tipping point at present though, It could develop more into a consolidation.
Note
A break through failed at 12000 so lets see of it holds onto 11000-11300 and rebounds.Note
Needs to break 12000 to continue but could still be valid aslong as we don't break down to low. Closing comments
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.