The up trend will continue for sometime, the analysis points to that.
The index seems reached/completed the correction, The levels needs to be verified for further movement and confirmation of the structure. There are some confusion at the end of the waves and clarity will come when observed the levels
It is understandable that the downward correction has room for further down movement, Ultimately giving path to further strongness later.
China Index seems preparing to go up, The correction wave 4 needs to be watched for completion.
Agriculture price downtrend seems ended.
Is Ten Allied going to 213ish level, we have to watch the levels to confirm.
The sub wave 5 ( round) can move up, the position of 5 is possible to be upside one wave up.
The WWK seems completed the wxy to upside. But if we calculate the number of waves of w, then Y if should have 5 waves, then one leg up is left.
c was supposed to move up, but completed early. Possibly we will wait for the key level 3054 to break, so go for a short ?
Om Namah Shivay The scripts brings so much and one should have better counting capability to do so. Possibly self failing here. in this alternate case, the primary wave 5 will complete further up. Om Namah Shivay
Om Namah Shivay Tenge Alternate EW analysis Scenario Tenge looks going for little deeper correction. Assuming the major wave 5 is nearing completion. Need to further analyze on lower time frame. As of now, possible that the correction levels can be 474, 447 respecting 517 Om Namah Shivay
Assuming the stock is in corrective iv wave. The 400 level is very important for the validation. Upward we need to watch for 434 and 464.