Market has become more uncertain when it break above its sideway resistance on Friday. From the chart, now its in the verge between previous support and resistance line. If It break the resistance and subsequently above horizontal B line, we could say that the market has become Bullish as it commence to complete wave 5 before doing correction. If its doing so, this is an impulse wave rather than 3 waves of wave B of Zig Zag.
______________________________________________________________________________________________________________________________
If the market reverse from the resistance line, it is still in sideway correction and may continue to go downward to complete it Zig zag cycle.
______________________________________________________________________________________________________________________________
Even with advance technique, we hardly predict what the market gonna do. Market is not for the dumb want to make easy money all times without consideration of prediction, possibility and risk handling!
Cheers.
______________________________________________________________________________________________________________________________
If the market reverse from the resistance line, it is still in sideway correction and may continue to go downward to complete it Zig zag cycle.
______________________________________________________________________________________________________________________________
Even with advance technique, we hardly predict what the market gonna do. Market is not for the dumb want to make easy money all times without consideration of prediction, possibility and risk handling!
Cheers.