Description
⋅ We may derive the following from the Weekly J200 chart:
1. Price has dropped significantly over the past two weeks.
2. At present, price appears to be correcting.
3. It is probable that after a short term correction, price will continue to decline to the major support level (orange box).
4. Wait for a correction pattern to sell.
5. As always - maintain your risk.
Note: The views provided herein do not constitute financial advice.