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Let's hope Alphahorn is right on his charts. It looks good too me, but I'm not an EW expert. I'll take it though…

Let's hope Alphahorn is right on his charts. It looks good too me, but I'm not an EW expert. I'll take it though…

Let's hope Alphahorn is right on his charts. It looks good too me, but I'm not an EW expert. I'll take it though…

Let's hope Alphahorn is right on his charts. It looks good too me, but I'm not an EW expert. I'll take it though…

The volume seems very light.

The volume seems very light.

The volume seems very light.

The volume seems very light.

I am assuming it to be the daily time frame. For this to be a head and shoulders the index should not move higher from here. It should either stop here or start coming down. Then may be it can form one H&S

I am assuming it to be the daily time frame. For this to be a head and shoulders the index should not move higher from here. It should either stop here or start coming down. Then may be it can form one H&S