Dow Jones Banks index

20 Jul 2021 ‚óŹ 03:35 AM

The US bank index has pulled back to the wave IV region of the previous rally in wave 4. So the labeling of the Bank nifty and the US bank index will end up being similar. Both have a 5th wave pending on the upside. This is the ideal region for wave 4 to complete so the downside should be limited.

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