SInce the Index made the High at 100,5 a consolidation started and ended near its 38,2 fibo (from 79,5-100,5).
The consolidation is associated with minor highs.
Now it seems that the index gathers strength to conquer ist former High at 97,85.
Trading above this Level will generate a Long Signal. The TPs are 99,8/100,5.
For further Information about the counting have a look @
The consolidation is associated with minor highs.
Now it seems that the index gathers strength to conquer ist former High at 97,85.
Trading above this Level will generate a Long Signal. The TPs are 99,8/100,5.
For further Information about the counting have a look @
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