$INDA - INDIAN MARKET ETF -
Added 2024-04-17 12:31:57 +0000 UTC$INDA continues to move strong and the IMF yesterday expects 2024 growth for India to be close to 5%.
I believe India has got a bright decade ahead of it as many companies look to expand in cooperation with India and set up a HQ there, $AMZN being one.
Wave 5 does not look complete here yet and a drift up to $56 is still possible and a further 10% to the 0.78 Fib and the top yellow trend line in the channel is also possible.
We need to see this hold its structure if the US market declines.
Comments
This could be a LONG, inexpensive hedge.
Rushabh S
2024-04-17 16:30:18 +0000 UTC
