After that big dump last week, we may be in a bearish correction for another move lower. We are looking for price to complete the C wave of the correction to reach around the 3700 level before we see another bearish move.
In the meantime we can look for buying opportunities back to the 3700 level by identifying lower timeframe bull flags.
In the meantime we can look for buying opportunities back to the 3700 level by identifying lower timeframe bull flags.