RSI- the Index broke the 40 levels again which is weakness.
Elliott and Fibs- this is the C leg of correction. The 4th wave will either reverse from 21810 at 38.2% or 21847 which is 50% of the swing. We will wait for a bear candle at these levels for a tgt of 21400. An imp point this is a bullish corrective pattern.
Elliott and Fibs- this is the C leg of correction. The 4th wave will either reverse from 21810 at 38.2% or 21847 which is 50% of the swing. We will wait for a bear candle at these levels for a tgt of 21400. An imp point this is a bullish corrective pattern.