GREK Wave 2 of Intermediate Cycle is currently on

Wave 2 of 5 is currently unfolding with a target in the 7.85 resistance area box. It is likely to last for another 2 months until it's termination. If that scenario holds, a long wave 3 it is likely to unfold and give a good chance for a bull market to last for several months.

Wave 3 can start unfolding before next year's elections which is an extra boost given that a pro-investment party (NeaDemokratia) is a clear leader in the polls.

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