Important update:
Well, we dropped below the short-term support again (6500) and now trading below this level. Still, in the position to go up if it holds a previous resistance which is behaving as a support (6450), it may retest this level again and bounce back if not then 6350 and then 6150, the previous update showing Elliot waves is still in the play as that was in a larger time frame, this update is for the day trades and we like to give you heads up every day.
See the charts above for a more clear picture!
Well, we dropped below the short-term support again (6500) and now trading below this level. Still, in the position to go up if it holds a previous resistance which is behaving as a support (6450), it may retest this level again and bounce back if not then 6350 and then 6150, the previous update showing Elliot waves is still in the play as that was in a larger time frame, this update is for the day trades and we like to give you heads up every day.
See the charts above for a more clear picture!