1. BEARS = DESCENDING TRIANGLE WITH TARGET 7400 - 7600
2. BULL = FALLING WEDGE WITH TARGET TO RETEST 10200 - 10400
3. BOTH PATTERNS IN PROCESS OF WAVE (D) UPSIDE (POSSIBLE TARGET 9350 - 9400)
4. RETRENCHMENT FOR WAVE (E) WITH THREE POSSIBLE TARGETS.
SUPPORT 1 = 8850 - 9050
SUPPORT 2 = 8500 - 8650
SUPPORT 3 = 7400 - 7600
My opinion...
2. BULL = FALLING WEDGE WITH TARGET TO RETEST 10200 - 10400
3. BOTH PATTERNS IN PROCESS OF WAVE (D) UPSIDE (POSSIBLE TARGET 9350 - 9400)
4. RETRENCHMENT FOR WAVE (E) WITH THREE POSSIBLE TARGETS.
SUPPORT 1 = 8850 - 9050
SUPPORT 2 = 8500 - 8650
SUPPORT 3 = 7400 - 7600
My opinion...
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Disclaimer
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.