IBULHSGFIN has completed the much anticipated and a slow ROund bottom. and back to testing the lifetime highs. May breakout or reverse on account of Results. MIght Flag up after the sharp leg up, before taking a direction.
1) Has been in a calculated upmove + retracement right from its base of 525.
2) Upmoves has been 35%, 25%,21%
3) In that series, a possible upmove of 19% from the swing low of 870 is expected, which works out to be 1035.