We need at least a break above 15,942.60 to have a five wave rally. Ideally we will see a rally towards the 38.2% corrective target at 17,416, but it is not necessary to reach 17,416 in the first go, so be aware, that once we have broken above 15,942.60 nothing more is needed. That said, I would at least expect a rally towards 16.416 and possibly even towards 17,416, but only time will show.
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