A price action below 6330 supports a bearish trend direction.
Crossing above this level will negate the bearish stance.
The Elliott wave count supports wave c which is a correction.
Downside target set at 5760, which is close to its 200-day and week simple moving average.
Remains a risky trade.
Crossing above this level will negate the bearish stance.
The Elliott wave count supports wave c which is a correction.
Downside target set at 5760, which is close to its 200-day and week simple moving average.
Remains a risky trade.