Sort of a big hns pattern neckline 4240
4330 top area
90 pts target = ?
hmm
4150?
Right near support zone 4140.
Wonder if we'll break down and test support.
If we do, its just a gr8 buying opportunity. bulls are not gonna give up so soon as they.
Be lightweight. keep an eye on both sides of the market.
Switch to a counter trend system for a few weeks. might make more than the trend followers.
If you are a bear, market actually looks shortable for 4140 sl 4310
weakness will persist below 4285-4296
If a hns were to work perfectly every time
Then chartists would be the richest people on earth.
Long above 4240, short below
90 pt move on either side possible
I still believe we will touch 4900 by diwaili this year.
Just need to hold 3980 for that view.
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