Wave Analysis

Perfectly as previously forecasted, the corrective three wave cycle rallied higher and even went above the upper trendline and is showing signs of rallying even higher. While the price is above this trendline, we expect the impulsive wave (C) to extend further to the upperside and should break above 9666.95 but should not go beyond 12,738.88. If this target is broken, then the price will continue further upwards towards last year's highest high. At the moment, we're only intersted in long positions.

Trade Recommendations:

We're long

101% Double the volume