still in downtrend

3 feb 2022

Apparently five waves of correction have been completed. After completing the three waves, I am waiting for the new direction of the market. Given the status of the indicators, I am probably waiting for another short-term climb at the end of the second correction wave.The 33000 and 29800 support lines are still valid and the upper line of the downtrend channel will be a strong resistance. The positive news series promises the beginning of an upward wave of impulses in the next two weeks. God is with the patient