In my opinion, this index has started a new upward movement.
From Elliott's point of view, it is completing micro wave 5 of the 3 monthly wave.
This analysis is confirmed and formalized when it enters correction at the first shown resistance and returns at the first shown support; In this case, the next waves are confirmed with the accuracy shown and the ceiling and floors of this trend are new.
Note: A large number of shares of this index have not yet completed their correction; As a result, in the first correction of this index; These shares will complete their correction and be ready for the next upward movement
Be successful and profitable
Bemanad Be Yadgar
From Elliott's point of view, it is completing micro wave 5 of the 3 monthly wave.
This analysis is confirmed and formalized when it enters correction at the first shown resistance and returns at the first shown support; In this case, the next waves are confirmed with the accuracy shown and the ceiling and floors of this trend are new.
Note: A large number of shares of this index have not yet completed their correction; As a result, in the first correction of this index; These shares will complete their correction and be ready for the next upward movement
Be successful and profitable
Bemanad Be Yadgar