Elliot Wave formation on the Index
The index seems to be in the Wave 4 (high Degree wave) as well as the starting of Wave C (Low Degree wave). If the Wave formation is respected we could see the index coming down to 72,300-72,500 levels.
This post is just an analysis and not a buy/sell/hold recommendation.
This post is just an analysis and not a buy/sell/hold recommendation.
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