Indications are that we get a short time bullish action

I tend to believe that we get a short time bullish action until the bear trend continous for a market capitulation probably before October 2022. The RVGI-Indicator is trying to turn upwards and price level is at critical Fib-support.

Trade active:

.........movement is going in the direction wanted. I expect an intermediate top of the movement at approx. 4100, but will have to see the strength of the market. From there is a promissing short investment possible..........

Comment:

.......... looking on a repeat of the previous W-pattern of a larger scale. This means, price will come down to channel support and moves higher to proclaimed target level of approx. 4100.

Comment:

......... movement of price goes to expected direction. Target still remains valid at 4100 but price may turn already before.........from 4000 going the chart needs a critical observation of trend changing indications as the bearish main trend is still intact and will come to its apex around September 2022 (Sabbathical Year ! )