In this analysis we will discuss the points of force in the current market structure. The points labelled A,B,C,D are locations within the growth which indicate these nodal points of force.
This instrument has stalled at the current level which is an important point in the price structure, also it aligns with definitive planetary cycles and giving that this anchor point at D is arriving at 278 units (price-time) from 2016 and also 278 days from the recent crash low completing 286 units (price-time) adds more strength that a short term reversal can occur across all major indices. However, if the point D is breached and prices stay above it, it will be a new advance towards the top band at 33000 price range.
Please check next post for further explanation of the trends ahead. Good luch and stay safe
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