Channel breakout

Index is near bottom of orange channel and also near to 1D SMA50

I think it will going to break soon because correction is not over yes

I suppose a final destination of 10% at around 17000

Komentarz:

During corrections usually index will drop to reach the 1D SMA200 (blu line)

Komentarz:

Beware of weekly chart forming out

Komentarz:

I think correction will continue until 1W SMA50 is reached

Right now sma is located at 16101

Komentarz:

Tomorrow next wave down will probably start

Komentarz:

Next days preview

Komentarz:

Index break channel down during past weeks
Now moving again toward upper border that will be around 19200-19300