wolve wave + bearish divergence
Marked id oversold, and in accordance to wolve wave calculations it will bounce to 6720 area.
Of course there is always possibility of penetretion of lower support line and go lower espessially if some news will support it.
Yet on monday we can expect a little bounce
Of course there is always possibility of penetretion of lower support line and go lower espessially if some news will support it.
Yet on monday we can expect a little bounce
Note
the wolve wave is stil valid it just made new lows on wave 5, targetvremains the same
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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.