Today played out as expected and we completed minor wave 3 and 4 possibly. We might be in minor wave 5 down which seem to be sub-dividing. Overall the larger wave 3 down should take us to 17100 and below, depending on whether and how much it extends. Today was a 250 points large down move so we might also get a sideways day tomorrow, but we should see 17100 and lower levels pretty soon this week, if not tomorrow.
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.