Some bounce expected.

Aktualisiert
Clear divergence between price and oscillator.
This is four hourly chart.
stochiastic is in overslod condition.
It is not essential that divergence only confirms buying immediately.
The on going wave is C wave..which should consists on five waves,
In daily time frame it is not visible.
we will check hourly chart later.22137 is important level.
As long it holds that bouncing to 22349,and there after 22427 is possible.
how ever if it is unable to sustain above 22137 next down side level 22011 will be opened up.
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Anmerkung
Snapshot
Anmerkung
Gap offered resistance.
Chart PatternsTrend AnalysisWave Analysis

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