SP for now unchanged from the main analysis. Still the target is 2700-2000 with an emphasis on around 2000.
I see the current increases as a correction in the downtrend. I currently have four stop levels: Now, 3940, which is the old range of wave N, largest wave in the entire decline;
4040 – the second range of wave N of the current increases;
4137 – KIJUN W1; very strong resistance.
4220-4270 – the third and fourth ranges of wave N; TENKAN MN1 and the cloud on W1.
At each of the levels I will try to take a position – if I am not on any other indices – after confirmation from the lower intervals. The level I am most interested in is 3, except that I don't want to succumb to the 'best level' emotion so as not to miss the opportunity.
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.