Some retrace to the 9300 area expected. (Or even 8000)
Comment:
The drop of price to 9500 would confirm that 12345 has been completed and is likely to happen abc move.
Comment:
Next: a move up to 11000 area expected.
Comment:
Target 11000 reached. Now overcoming sliding line of resistance. Above 11200 move up or below 9500 move down expected.
Comment:
Targeting to break up the resistance line.
Comment:
Sliding resistance line broken. After the retrace from strong resistance in the 11800 area, bears tested support in the 9300 area. What's next? Above 10500 move up expected, below 9100 - drop to the 7800 area to be continued.
