Low 29th October
Establishes a 2 week cycle low
Next cycle low end of this week
Reversal established when index gapped above 7071 on 7/11
Double bottom (pullback) at 50% retracement off the reversal
31st October opening gap now filled
The combination of these factors signal a bullish rebound.
Establishes a 2 week cycle low
Next cycle low end of this week
Reversal established when index gapped above 7071 on 7/11
Double bottom (pullback) at 50% retracement off the reversal
31st October opening gap now filled
The combination of these factors signal a bullish rebound.