Today morning, I expressed my suspicion of a failure of the Inverted Head and shoulders. Now, the chart shows the other way around. At present it is taking above yesterday’s resistance.
Now, it is time for a huge jump probably to 10630-650. That is where the next resistance is.
It could even touch as high as 10688 which is the 62% retracement level.
I am not saying that it will jump to this level in a single day. But such an event cannot be ruled out. Anyways, today we might see fireworks in American markets…
