42K stands in focus

Morning folks,

Recent week market shows much better performance than before and on intraday charts downside tendency has been broken. This lets us to consider upside 42K target with AB-CD pattern. As upside pace looks nice, we do not exclcude chance of testing major 3/8 Fib resistance at 43.3K as well.

At the same time I'm not dare to say that this is major upside reversal. So, maybe we will return to discussion on 26K area again, but probably not within nearest 2-3 sessions...