It appears that a perfect wave count is unfolding.
A corrective wave 3 is busy unfolding.
The 200-day might also act as major resistance.
This gives the opportunity of a buying opportunity of an accumulation close to the 14500 level.
This will give the lead to an impulse wave.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.