Market has been coiling around the 3200 region for sometime now with not much steam left, it looks like wave iii in the larger wave 3, if this count is correct expect prices to correct towards the 2990/3050 region.
This will also provide a good buying opportunities for those who missed out, markets should rally towards the 3400 which is also the all time high, this region also coincides with the larger 3 wave.
Buying on dips is recommended rather than selling into this very bullish market. Markets should reach 3475-3500 around September/November later this year.
This will also provide a good buying opportunities for those who missed out, markets should rally towards the 3400 which is also the all time high, this region also coincides with the larger 3 wave.
Buying on dips is recommended rather than selling into this very bullish market. Markets should reach 3475-3500 around September/November later this year.