Very risky situation, after breaking up from previous resistance zone, the index is now at a crossroads. Would it continue up to complete 12345 (after some correction first) or would it massively go down similarly to wave A to previous lows?
Overall, sentiment seems positive but UK just surprised with more job losses the previous month and higher unemployment rate so businesses are stuggling and should we see some more bancrupcies, the market may go in fear gear.
Overall, sentiment seems positive but UK just surprised with more job losses the previous month and higher unemployment rate so businesses are stuggling and should we see some more bancrupcies, the market may go in fear gear.
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