Market Sentiment Bullish, Overall target 4278 price area, I am expecting for the market to move up in a diagonal sequence. Find resistance at current area and retest support at 3635, then advance to 4278.
Expectation: Market seems to be in an extended wave 5 advance. On the 4HR chart, temporary resistance at 5250 and the market may correct down to 4720 price area. One more bullish leg to 5640 or 6045 area possible.
Weekly: Market has been on a downtrend and has found resistance at 19000, it has touched 19000 3 times and has been rejected to the downside. Expecting a further drop that may find support at 12200 - 10830 price zone