BUX
Following the corrective wave, there is once again a chance for a strong upward wave. The red downtrend line would need to be broken to the upside, at which point the curve would give a buy signal. To do so, the 134,375 level would need to be broken. As long as the uptrend remains intact, the level around 150,000 could remain a realistic target, based on a previous trend-confirming pattern.
Resistance levels: 137,500; 140,625; 143,750; 150,000.
Support levels: 131,250; 125,000; 118,750; 112,500; 106,250; 100,000.
