Today, we have clearly started our descent down to the low 4300 level. I have posted about this sort of move for a while now. This move to the 4300 level will not happen in a day, nor do I think it will reach my target by next week. However, I do think this will be the type of descent that will not allow for good short entries.
That day has come and gone.
We now track a pattern that is in the very initial stages of carving out a 5-wave structure towards the low 4300. I offer one thing of support to those who are already short. This is now an incomplete wave 1 and should finish today or Monday...but if you think this is swift and scary...wait for wave 3. LOL
Best to all,
Chris
That day has come and gone.
We now track a pattern that is in the very initial stages of carving out a 5-wave structure towards the low 4300. I offer one thing of support to those who are already short. This is now an incomplete wave 1 and should finish today or Monday...but if you think this is swift and scary...wait for wave 3. LOL
Best to all,
Chris
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إخلاء المسؤولية
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.