Quick chart & short post here comparing with a textbook expanding flat in an uptrend. If this is correct, we're also about to correct, upwards, and quickly.
NOTE - 4H Chart looks even better for this, but it's more clear on the daily in comparing with the imbedded screenshot here.
4H Chart:
NOTE - 4H Chart looks even better for this, but it's more clear on the daily in comparing with the imbedded screenshot here.
4H Chart:
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Update - looking good so far, needs to get back above 63.3 to continue up to new highs (69-72+):
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Seeing bull divs at or near the end of our expanded flat. It's possible we go lower & the 3->4 wave should've started where I have 5 ending, if that is the case, maybe we see ~50-55, but it's also possible we're already near the end now:
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^^ photo above w/ divs was a 4H chart ^^
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Updated chart, 3-4 count should've been where 5 and C were on the original:
