ALSI FUTURES INTRADAY

[Rams]

Market rallying for a second shorting opportunity. Seems like wave 4-if closes below 28886 then end of wave 4 and possible wave 5

[#2]

hi, what is the fundamental reason`s behind this sell off with the alsi below 29000?

[Rams]

Wave 3 extreme at 28886 is important suppport level which must be taken out by wave 5 in downtrend...you meant technical, not fundamental...

[Rams]

Wave 5 now confirmed with 138 points from end of wave 4 on 10 minute chart.End of wave 5 in sight but will depend on what happens with US market?All time frames oversold so may see ABC next all in 1 hour....