IUKP is tracing minute wave 3 of minor wave 5 down. Minor 5 should reach levels below 400 in the near term. This analysis should be voided if prices cross up 524. FOLLOW SKYLINEPRO TO GET UPDATES.
IUKP is coming down in a cycle wave C. It is in an early phase of this wave decline, where intermediate wave 4 seems completed and it should move down in intermediate wave 5 to reach lower levels than its previous wave 3. FOLLOW SKYLINEPRO TO GET UPDATES.
LSE:IUKP IUKP is on downward path of primary Wave 3 and should gain momentum. Some upward corrections will occur, but still there is a long downward path to go before the major trend is up.
