As per my the video uploaded on youtube i was expecting downtrend but market today made positive movement..!
price have crossed the ascending trendline was well..!
Now the 5th wave of sub-wave c of the Wave C seems to be forming a 5 wave structure!
So now the level of 5600 can be touched in coming days..!
as per Stoch which was giving a negative divergence seems to be sustaining in overbought zone.
MACD and ROC is showing the positive movement...!
10SMA 5346
55SMA 5217
200SMA 5112
Positive movement expected in short term to medium term!!
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