Testing this fib strategy using fib retrace with fib time tools. Middle white circle on the right is actual target by the 14th on to the 15th. Unless this completely breaks down
(Sorry lol adjusted this 5 or 6 times) I am done now lol
We might be starting the handle of a cup and handle pattern. I am looking for consolidation ranging between 6500 and 5500 before any big decisions 3-6 months. Upper 4000s mid to low 5000s should be short target. That is where I am hoping for a pull back to moon!!
I am still long but the Tenkan Sen is kinda far from the Kijun Sen on the 30 so i suspect there we be a nice attempt from bears soon
If not in position I would wait for a breakout in either way for a quick small gain
I would look for a bounce off 6400s 6300s if bulls are strong 6240 would be cause for some concern