BEARISH CORRECTION POSSIBLE WITHIN THE LARGER BULL TREND
General view: The expected bearish break out of the KL formation is materialising.
Preferred View: The illustrated outlook is retained.
The prevailing downside off TA1 is expected to target the S1* support area.
The interim upside to R0 is likely still part of the phase 4 downside.
The larger bull trend should re-emerge off S1* to target T2 over time.
Important levels: A break of S1* will neutralise the longer-term bullish bias.
Conviction: Medium to high
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