We are very close to break a major 40 weeks cycle Valid Trend Line. The whole setup follows our forecast like a swiss watch.
We have been expecting this to happen just now since a long time, which you may confirm on our previous charts.
Many shorter range cycles have been already concluded but we need to break this 40W line to be 100% of strong major uptrend for next 10 weeks.
We need to break 24300 TODAY level to confirm - that I found less propable
But on Monday this treshold will lower to 23,400 which is more natural and this is what we expect. Our bags are filled.
Stay sharp!
We have been expecting this to happen just now since a long time, which you may confirm on our previous charts.
Many shorter range cycles have been already concluded but we need to break this 40W line to be 100% of strong major uptrend for next 10 weeks.
We need to break 24300 TODAY level to confirm - that I found less propable
But on Monday this treshold will lower to 23,400 which is more natural and this is what we expect. Our bags are filled.
Stay sharp!
We are still under 40W VTL though. I wouldn't say we pass 23,7k today.
I would rather bet that we cross 23,2k on Thursday.
I am all in.