The global market indicates a slightly positive start. The market nature is moderately bearish. It may start with a gap-up. After that, if the market rejects sharply around 38 to 50% fib level, then we expect a correctional wave. On the other hand, if the pullback sustains around the key zones, it will go further with some consolidation.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.