Short
something like this updated
Until now i see it is following my first idea. I can see a breakout. But i think the bearish trend will remain intact. It could rally until the 900ish.
then short for the final decending wave 5 and reversal (bottom).
then short for the final decending wave 5 and reversal (bottom).
Nota
so it broke the first trend and is now in a higher channel. Let's see what will happen next... I'm buying small around the 650 level and laddering in towards the lower low. ...Nota
So we have had the breakout. Wish i bought some. i did hesitate @ 670 but i just let it run. We are in a higher new trendline for now. let's see if history will repeat itself.
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