End of bull market.
-100% extension of fall from 1555 to 740 = 815 points.
-1555 + 815 = 2370 (Market top)
Ending Elliot Wave 5 of the recent rally.
Prediction : 5 wave downtrend (Bear market)
-100% extension of fall from 1555 to 740 = 815 points.
-1555 + 815 = 2370 (Market top)
Ending Elliot Wave 5 of the recent rally.
Prediction : 5 wave downtrend (Bear market)