US 30 Rejected from Channel Trendline; in-day H&S, Shooting Star
Expect gap down and significantly lower based on very bearish futures in PM. C wave beginning- soon. It might be very strong b/c it's a combo of primary ABC from Feb cycle and an intermediate ABC coming off the June swoon, both waves terminating at this juncture. Possible low target zone 23531 at Nov/Dec 2017 support. Good luck!
As always, this is not investment advice and all comments are only intended for education and amusement. Good luck!
As always, this is not investment advice and all comments are only intended for education and amusement. Good luck!
Trade active:
Did trade lower then rally to near the previous day's high and the PM selloff. Day chart virtually same appearance as 8/21. Expect one more rally attempt 8/23.
