Divergence in MACD with end of correction phase using Elliott Theory. If we reach .2998, I think we boom- obviously to see a retest of the trend line. If we cross below .2646, I believe we move to a bearish position for a few. It appears to be an inverse head-and-shoulders at the end of the correction, so I believe we're going to see a turn for the best here.
Just a nobody tryin' to make a buck.
Good luck and happy trading.
Just a nobody tryin' to make a buck.
Good luck and happy trading.