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RMSeed Ncdex

20 Jan 2021 ‚óŹ 06:26 AM

RMseed took support and the 40 day moving average at 5954 which is the 1st level from where wave 3 up can start. Wave 2 down is either complete or even dip to the 61.8% retracement mark near 5788. Longer-term we are in a larger degree 3rd wave that is to complete 5 waves before it is done. Wave 3 of 3 would typically go past the high of wave 1 at 6423.

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