EGX100 - IS that end of correction ?! orEGX 100 EWI IndexEGX_DLY:EGX100EWIGeorgeShokryEGX100 – Weekly timeframe A sharp uptrend on a large frame. The last correction occurred on May 24, At this correction what makes it special is a hammer that appeared on the weekly chart. Is that true? Technically, a hammer means buy, But be careful: candles may change the move, not the direction. Also, as we know, there is an uptrend within the correction. What a lovely correction, giving me a sign to start building positions. Anyway, the trade setup is as follows: Entry around 25655 Stop loss 24000 I will not specify a target, but I will refer to resistance at 28500. What happens at 28500, or before it, will determine the next action. Disclaimer: This is not investment advice, only my analysis based on chart data. Consult your account manager before making any investments. Thank you, and good luck.