good evening,
we're approaching a critical area down here - this last leg down should mark a local bottom of this 5 wave impulse.
what comes next will be determined based off how it exits this zone.
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if it moves up in a choppy 3 wave move - ez short
if it rockets out of here, well we just hold on for your dear life.
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mean retracement target = 42.8k
if it pushes above with increasing volume - stay tuned for an update 💰
we're approaching a critical area down here - this last leg down should mark a local bottom of this 5 wave impulse.
what comes next will be determined based off how it exits this zone.
----
if it moves up in a choppy 3 wave move - ez short
if it rockets out of here, well we just hold on for your dear life.
----
mean retracement target = 42.8k
if it pushes above with increasing volume - stay tuned for an update 💰
Comment:
same story with es btw - not making another post for it as my last one is still very much relevant
Comment:
looks like we're going to go slightly lower - watch for 38.6