$INDA - SAFE HAVEN -
Added 2024-04-25 17:46:21 +0000 UTC$INDA has been behaving like a safe haven lately against the US market
Jamie Dimon reiterated his admiration for India this week by saying that over 400 million have been taken out of poverty under the ruling leaders reign.
The spread of the middle class continues to grow and catch up with China too.
On the chart the price is still consolidating above the 50 Day MA too and we will have this in Wave 5.
As long as it continues staying within this ascending wedge, the price can move higher than our target…will be interesting to see if it follows the HSI too.
