Hello Traders,
nothing new to report! The structure of the waves are not clear and remain in contrast impulse vs correction!
We see overlapping structures at the waves, what makes it
difficult to interpret.
Chart analysis:
As labeled at the chart, we have the alternate view between a waves (i) and (ii), green as an impulsive move, or the corrective move within a waves a-b-c→z-wave! Note the similarity between the waves x and x².
A continuation of the advance comes only into play above 25378.35 on a closing basis.
Anything below this level, makes it more unlikely that a new impulse is underway.
'Cause of the non-event this week, that's it for today. Probably an update will be written if something important occurs!
Have a great week.....
Ruebennase
Please ask or comment as appropriate.
Trade on this analysis at your own risk.
nothing new to report! The structure of the waves are not clear and remain in contrast impulse vs correction!
We see overlapping structures at the waves, what makes it
difficult to interpret.
Chart analysis:
As labeled at the chart, we have the alternate view between a waves (i) and (ii), green as an impulsive move, or the corrective move within a waves a-b-c→z-wave! Note the similarity between the waves x and x².
A continuation of the advance comes only into play above 25378.35 on a closing basis.
Anything below this level, makes it more unlikely that a new impulse is underway.
'Cause of the non-event this week, that's it for today. Probably an update will be written if something important occurs!
Have a great week.....
Ruebennase
Please ask or comment as appropriate.
Trade on this analysis at your own risk.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.