Afters Monday´s sell off it the red area (50-76.4% retracement) is on my focus. At the moment we have seen a first shy pull to the upside. This move has not yet a 3-wave structure therefore we could correct a little bit but then see a deeper pull into the red area in form of a C-wave. After a clear 3-wave corrective move up ABC into the red area the index would look interesting for a short swing opportunity. Stay tuned for more
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