The head and shoulder did not work out and now it is quite clear that the last move down marked as IV in my chart was a correction. We should now go higher, with a bullish MACD and breaking the earlier highs (3716) can be considered very bullish. Intraday resistance is between 4070 and 4100. If we clear those, 4350 comes in sight. We need a drop below 3400 to make the chart neutral and below 3300 to be bearish.
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