going back to 263xx in the short term
may retrace back to 252xx-25000 in a month or two
Comment:
market s reached the 271xx-274xx area and managed to shoot over some of the resistance levels today. now approaching the downtrend line at the top around 275xx area( see my other ideas for the bigger picture). see how the index reacts then.
if by Friday the weekly candle could close back down below last weeks high 27169
correction should start in coming weeks. If not we would have to wait until thereare some bearish candles on the weekly chart
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if by Friday the weekly candle could close back down below last weeks high 27169
correction should start in coming weeks. If not we would have to wait until thereare some bearish candles on the weekly chart