Confluence of supports in the 12000 area: fib 0.764, pattern of correction abc (not shown), sliding line and previous support bottom.
Commento:
Break up of sliding trendline means a correction is over:
Commento:
Need one more (green arrow) move up above 13500 to turn up trend
Commento:
Downtrend line broken. Longs at the retrace to 13300...12500 area.
Commento:
Retrace completed. Targeting to 14000+
Commento:
Resistance at 14000 broken. Targeting to 15000:
