As stated in previous chart we had a perfect bounce off of the 68.2% retrace of wave 1, which is where wave 2 ends and wave 3 begins. This will fail if we retrace past the low from last week, 7340ish. I'll continue to update this post unless we have a complete EW failure. Thanks
***This information is not a recommendation to buy or sell. It is to be used for educational purposes only.***