I have the opposite view on this stage of growth as money is being spent not for economic development, but as they say, for military needs, which do not contribute to economic growth, but rather work more for storage than for development. (37493751) This is my forecast for the coming days for this index as a series of waves
3-4 is in play, and we see this phase as price fluctuations that contribute less to growth, but rather move as oscillations. Another wave
4 is completed or completing, and after a slight increase, there will be another variation of oscillation. This is the forecast that is set from the lows or conditions for us to trade in the direction of growth. There is no need to try to trade on the bearish side as the uptrend continues and should further continue. However, we remember that growth only comes from the lows. It is possible to use channels as shown in the figure because the slope of the channels tells us that a solid wave of growth is developing, but we must not forget that it also moves in oscillations.
