After closing last week with a doji on weekly basis, market shown that bulls and bears were balanced. Analysis of last week is still valid. But for me the bullish scenario has become more favorable (still keeping in mind that market may break out to the south). One more good thing. Due to the 2 doji candles on weekly basis, the break out of the triangle may occur with an incredible momentum!
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Please remind yourself that this is just my personal view on the market and you always should do your own analysis before trading. My Analysis should not serve as any recommendation to buy or to sell. My analysis are just my ideas and opinion how market could develop.
Komen
Marsadddict
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I would say there is a 12345 up move we are now still in 2 up. But i miss 3 down in your Chart. But brilliant Chart .
Marsadddict
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we are in one up and wait for two down ,sorry, sarting around 9380 ?