is in a corrective phase of its short term bull run. We currently in wave B of the ABC
correction. We are still in deep Bear territory on all higher time frames. I see Wave C concluding at the Fib .618 level of this short cycle. There is a slight Bearish
Divergence on the RSI
as well indicating weakness in this price movement. Trade with Caution!!!
I'm fairly new at TA and all critics and comments welcome.
Please comment your thoughts