Time for caution in Small cap index.
We are at 3.618 Fib extension level. When we attempt to do wave count we can likely see end of wave 5.
Also we can clearly see RSI divergence here.
While it will not be good idea to buy at these levels. it is better to look at pocketing some profits.
We are at 3.618 Fib extension level. When we attempt to do wave count we can likely see end of wave 5.
Also we can clearly see RSI divergence here.
While it will not be good idea to buy at these levels. it is better to look at pocketing some profits.
RSI divergence intact