50 day MA crossed over the 200 day MA indicating a new trend.
My count puts us on wave 4, which could be a triangle ABCDE correction. Wave 5 would follow and then larger wave 2 correction after that.
My count puts us on wave 4, which could be a triangle ABCDE correction. Wave 5 would follow and then larger wave 2 correction after that.
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Symmetrical triangle pattern alright, broke downwards though