From looking on a larger time scale it seems to me this correction is not yet complete .
One idea is we see one more leg lower to complete .
I am not shorting this but looking for a good entry to fill my bags .
If we see prices above the purple box seen on chart this will invalidate the bearish count and i will start looking at the bullish count that this is actually wave 2 pullback of a new bullish move .
Thoughts and comments always welcome .
One idea is we see one more leg lower to complete .
I am not shorting this but looking for a good entry to fill my bags .
If we see prices above the purple box seen on chart this will invalidate the bearish count and i will start looking at the bullish count that this is actually wave 2 pullback of a new bullish move .
Thoughts and comments always welcome .