DESCENDING TRIANGLE vs FALLING WEDGE (BULLS vs BEARS)
1. BEARS = DESCENDING TRIANGLE WITH TARGET 7400 - 7600
2. BULL = FALLING WEDGE WITH TARGET TO RETEST 10200 - 10400
3. BOTH PATTERNS IN PROCESS OF WAVE (D) UPSIDE (POSSIBLE TARGET 9350 - 9400)
4. RETRENCHMENT FOR WAVE (E) WITH THREE POSSIBLE TARGETS.
SUPPORT 1 = 8850 - 9050
SUPPORT 2 = 8500 - 8650
SUPPORT 3 = 7400 - 7600
My opinion...
2. BULL = FALLING WEDGE WITH TARGET TO RETEST 10200 - 10400
3. BOTH PATTERNS IN PROCESS OF WAVE (D) UPSIDE (POSSIBLE TARGET 9350 - 9400)
4. RETRENCHMENT FOR WAVE (E) WITH THREE POSSIBLE TARGETS.
SUPPORT 1 = 8850 - 9050
SUPPORT 2 = 8500 - 8650
SUPPORT 3 = 7400 - 7600
My opinion...
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