
As per the charts above I think my views shud be quite clear....In case we are in an extended B wave ... we shud be bottoming out near 4500/4300 for now.... leading to a good upside which shud cross above 5400 to confirm.... and may well go back to 6300 odd levels...(to be seen)...and which implies we shall have some more QE (money printing).... before things go BUST(whether we like it or not).