Possible scenario

I really would prefer this to fall to 41k but I suspect we just put in another bottom overnight at 54250

So in this scenario I see us triggering stops at 57900-58200 likely this week.. Then falling and perceiving to be weak but keeping 54250 intact.

My thought for the rest of March is the following 57950->55300->68500

I'm currently flat waiting which scenario presents itself.. 41k or the above scenario.

Commento:

So far both trades played out well... ideally next target on my chart is 68500 range.

I would however prefer a quick visit to 58500 range and a sharp drop here to 42200.

Lets see what plays out over the next little while

Commento:

New publication but high remains the primary focus 68500