THE FORK CONTINUES MARKING ITS ABCDE MOVEMENTS, NOW I WAIT FOR A REVERSE STRUCTURE TO GO UP TO 4500.
Through various techniques used, I came to the conclusion that the price could make these movements.
Price is in the middle of a fork, expected to complete its 5 moves before bouncing higher
I think that after completing three waves to level 3725 // 3720, it will bounce back to level 3775 // 3780
I think the key point for correction is 3800-3810
POSSIBLE MOVEMENTS BEFORE GOING TO MAXIMUM.
sales below 25700 up to the objectives set, maintain good capital management.
sales below 25265 and below 25245 towards the targets set
We are in a clear decline, after a small corrective at levels 718 - 703 we expect more falls to the targets set, good management of capital management
the RSI presents saturation in major graphs, reason why we determine to sell under the marked levels
Attached to our analysis of the HCH Bear and taking into account the decisive level 12644 that invalidated the shorts for the moment, which means that we continue with this level we will continue looking for sales with marked objectives. Remember capital management.
the number of positive reports in the euro zone yesterday increased the price up to the level 12840, now with RSI in overbought sought sought below 12730, and with the same objectives set, Remember capital management
The rise of the dow was pushed by the fall in the price of the dollar to 24337, if you keep this operation and taking into account the levels, 24295 and 24414 as those that invalidate sales for the time being, we set targets at the marked levels.