The index has been trapped within a large sideways consolidation where the second leg exceeded the former top and could potentially drop below the former trough as well. After that I expect the index to resume its way to the upside ti hit 3000+ area.
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Again and again I find amazing correlation of different math calculations Here we have blue arrows with equal distance that hit the area where the diverging lower trendline lies (I used same angle of divergence +/- 8 degrees