Friends I hope your all having a wonderful Friday. Just wanted to share with you all what I am watching near term. For now, I can not suggest we are in the "All clear" until we clear $63.8K on a daily close, or $67K on a weekly. IF (and this is a BIG IF), we repeat the ABC corrective structure of our 2nd sub wave low, then we would still need to expect another minor local low. I have labeled this zone of where that low could go with the 2 Horizontal White lines. If we have already bottomed, which is still the focus until its not, then we are merely coiling before we ascend in to the final 5th wave blow off top. Either way, I still believe the Top is not in yet, and I am even more convinced that $Alt season still has many weeks to go. Enjoy your weekend!
PS--I will post this weekend if we have any interesting price action
PS--I will post this weekend if we have any interesting price action
JT