SWEETNESS OF THE SOUL BEFORE THE DEEP DIVE TO wave c

Tomorrow's session titled "Sweetness of the Soul Before the Deep Dive to End the Correction Wave (c)," we've set our target projections between 28,900 and 30,200.

Based on the Ichimoku Kinko Hyo analysis, current trends for the EGX30 do not show positive signals. The index is submerged deep within the Kumo, with the Kijun Sen exerting downward pressure, making it difficult to exit the cloud. This is further supported by the downward trajectory of the Chikou Span.

Additionally, the EGX30's failure to sustain its upward momentum coincides with the conclusion of Elliott Wave (b) and the commencement of Wave (c).

For a more comprehensive technical analysis that goes beyond the basics to include Bollinger Bands, Elliott Waves, and more, please view the detailed video provided.

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