A drop below 7000 opens the way to the 6000 and 5000...4000 area.
Bears are once again trying to overcome important support. This time at 7700.
Bears are once again trying to overcome important support. This time at 7700.
Note
Here it is:Note
A move below 6000 will change wave count from ABC to 1-2-3-4-5. First leg downwards?Note
There is also the possibility to stay above 6000 :)Supports @6600 and 6000. And third impulse down. Already happened?
Note
The return to 7700 opens way to 8400:Note
Nice bounce, but too early to celebrate. Bullish bias begins above 8500. 
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Disclaimer
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.