26 Mar 2019 ‚óŹ 07:40 AM

i do not like this index going into a bear market because it reflects the worsening social mood in our neighbourhood. So it raises the risk of more future border skirmishes among other geopolitical tensions that are usually associated with wave C declines. Now the index fell in 5 waves marked as A, and retraced 61.8% a year ago but spent the rest of the year forming a triangle that appears complete in 5 legs now. Unless there are more subdivisions we may have started wave C down where C=A itself goes to 29800.

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