half yearly ann will move sp up, page-9

Hi B2
I noticed on the daily chart the first bounce back from the lows of 18th of December was lesser in points than the second bounce from 30 December to 13th jan. The pullbacks or counter trends should get less

My point being that the most recent pullback was 23.5c assuming that it was completed today.

The pullback should have been less than 22c and it wasn't and that fact supports the scenario of the last bottom being the intermediate term low and now higher lows are the order of the day.

There's also a head and shoulders forming and that should happen over the next week and a bit at most.

regards Shamish