Might be excessively bearish but if this truly is an ABC correction, we might take out March lows.
Following a 5-3-5 zigzag pattern, this leg should have 5 waves in it.
We might still be completing the first of the first wave, hence Monday's and Tuesday's price action will be telling.
Let me know what you guys think!
Following a 5-3-5 zigzag pattern, this leg should have 5 waves in it.
We might still be completing the first of the first wave, hence Monday's and Tuesday's price action will be telling.
Let me know what you guys think!
Ordine annullato:
Count no longer valid.
Rally today seems to suggest ATH's.
Rally today seems to suggest ATH's.