Continuing with the analysis published some days before with the decline prediction based in the end of an expanded flat, we review today the decline, as you can see we can find multiple evidence of a impulsive start to the down side.
At this point we should embrace the idea of a pullback, and if deeper will be better ( deep retracements occur more often in impulse's wave 2 than in zigzag's wave 2).
So if gets a new low this decline and then a deep retracement will be further evidence to confirm our previous analysis.
At this point we should embrace the idea of a pullback, and if deeper will be better ( deep retracements occur more often in impulse's wave 2 than in zigzag's wave 2).
So if gets a new low this decline and then a deep retracement will be further evidence to confirm our previous analysis.