From the above chart, the MOB (Make or Break) level has been marked near the 3 (circled). This is wave 3. If reverses from here, then the first point -4- would market the end of wave 4. However, if trend continues then we can see levels of 5500 if wave 3 continues. This is not my chart. I have got this from a very respected mind in the market. Any questions, please let me know. Again, this is For Your Information only.
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