Dow's Futures is now trading at 79 points up and all the Asian markets recovered strongly from lower levels. Nikkei 225 also was more than 2% down but now trading in Green therefore sentiment changed sharply and Indian markets also recovered sharply after Red opening and now trading in Green.
Previous 8 sessions trading range between 5478-5610 and above 5610 will be 1st strong indication of correction completion and confirmation will be after sustaining above Long Term Trend decider 200 Day EMA(today at 5663)
Previous 8 sessions trading range between 5478-5610 and above 5610 will be 1st strong indication of correction completion and confirmation will be after sustaining above Long Term Trend decider 200 Day EMA(today at 5663)