Hi Guys,
This is my first post here. I am not an expert like you guys; however, this kind of retracement was expected after highs around 7200 in Feb to low around 4400 in March.
The current high around 6150 levels falls in 61.8% retracement area and I am expecting market to go down from here as fundamental haven't changed. We are in recession and heading for depression and overall economic pain is not easing for at least couple of years.
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