Move from 18134 till now is A & B of a flat correction.
Wave A is in 3 waves (18134 to 16828)
We are in Wave B (16828 onwards).
I am expecting wave C now.
I have bought PE with this view & expecting 16842.
SL is 17800.
SCI is retesting the weekly breakout with a descending triangle on daily !!
With Baltic Dry Index at 10 Year high, expect this one to make a swift move upto 118-120 in coming week !
