I look at 10300 - 9300 area as a good zone to initiate new long position for new all time highs.
10372 is the 50% fibonacci retracement of the move from october 2014 lows to april 2015 highs.
10000 area is also the 100% fibonacci extension of the potential 3 legs decline.
10372 is the 50% fibonacci retracement of the move from october 2014 lows to april 2015 highs.
10000 area is also the 100% fibonacci extension of the potential 3 legs decline.
