There is an interesting corrective curved-falling wedge like structure in the making here.
I strongly suspect one further leg down before the bullrun resumes, possibly with more sideways until it does so, so the arrow upward at the end could come a bit later.
But I would be really surprised if the correction is over now.
Also, the support could be broken and we could see a correction low in the lower 20k's worst case.
But target for year's end still remains above 100k.
I strongly suspect one further leg down before the bullrun resumes, possibly with more sideways until it does so, so the arrow upward at the end could come a bit later.
But I would be really surprised if the correction is over now.
Also, the support could be broken and we could see a correction low in the lower 20k's worst case.
But target for year's end still remains above 100k.