LTC is actually the leader of the bull run. If LTC hits a 1.168 extension at $61, I would expect a 4th wave down to the 49-48 levels, which I would consider very strong support in my opinion. If this were to hold, we can expect a the 5th wave to hit the 80 ranges.
Again, we if do break that channel then I expect the 40 to be the last support for the 4th wave retracement. The count would be invalidated if 40 were to break.
Again, we if do break that channel then I expect the 40 to be the last support for the 4th wave retracement. The count would be invalidated if 40 were to break.