The rally from 9,917.01 has become much bigger than expected, that does bring the altenate count of a flat correction since the October 19 high at 10,117.81 in to play. I still prefer the top being set on October 19 (closing high) and the impulsive decline from 10,119.17 count, but as long as I don't see a close below support at 9,931 and more importantly 9,827.87 I can't exclude a push higher towards 10,138 and maybe even 10,178, but as I said I don't favor this picture at the moment, but will stay flexible.
No comments:
Post a Comment