From Elliott wave analysis, I guess {C}-(2)-B is ongoing right now.
Slow Stochastic oscillator at overbought level suggest good opportunity to short.
What I'm expecting is massive upmove by wave C after secondary test to 110 level.
Longer term outlook:
Slow Stochastic oscillator at overbought level suggest good opportunity to short.
What I'm expecting is massive upmove by wave C after secondary test to 110 level.
Longer term outlook:
