The continued bull run, well into April, took an unexpected detour, but the 3rd wave of an ending diagonal should now be ...
The Elliott wave indicates the index is in a 3rd wave, with an ideal target of approximately 7250, followed by a 4th-wave pullback to ~7100 and another 5th-wave rally to approximately 7345-7490.
The final leg, wave (v), carried the Index to 6945.77, completing wave ((iii)). A corrective phase then emerged in wave ((iv)), unfolding as a zigzag Elliott Wave structure.
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