hi Readers, The Chart deals with weekly time Frame As we now Know that the wave Y in Grand Super Cycle degree & hence the initiation of X wave after Y has pushed it to new highs, say to the current levels. The important idea is that the W within the current X wave in one lesser degree has been progressing as w,x,y,x & z within which waves W,X & Y are completed. so , after an intermediate downtrend for completing the X wave, the market resumes its upper trend to the areas of 55.12 $ For analysis below this degree, that is on daily time frame click here,mytradingcourses.com/ Thanks for reading Feel free to contact us in need of any assistance Happy Trading Dinesh -senior Technical analyst LeadBrains FSL - mytradingcourses.com Trading education & training firm
thanks .