If it breaks the neckline and confirms the head & shoulders top,
you can expect another leg down to 8136 - 7700 (maybe even this year).
If no breakdown occurs and 8902 holds, I expect a decent bounce to 9500+
Also, interesting ratios between the last 4 waves indicate good downside potential.
you can expect another leg down to 8136 - 7700 (maybe even this year).
If no breakdown occurs and 8902 holds, I expect a decent bounce to 9500+
Also, interesting ratios between the last 4 waves indicate good downside potential.
