CLSK / 2h

CLSK worked marching in place today. The short-term bearish case >> decline of wave (a) in progress remains intact. It would be considered just as an initial subdivision of correcting down in Minute degree wave ii (circled).

Wave Analysis >> 24% continuous decline, exceeding and closing the last week under the boundary line of the leading diagonal, all highly confirms that the correction in wave ii (circled) is quite well underway. It should be a relatively deep retracement and will take the coming few weeks.
The retracement target for wave (a) >> 7.93
The next target for wave (c) of ii(circled) >> 7.24

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