I was warning people around $110~ that this was approaching a top and at the time it was unclear if it was going to be a multi month or multi year top - As of now I'm of the belief that the $114~ high will be a multi year top, Can I be wrong? sure, I'm viewing this leg down Currently still an A leg and when it completes we should get a large bounce up (B wave) but will ultimately be a large bull trap and prices will continue to fall down to the area I have marked completing a large multi year ABC correction.
Comment:
blow off top call
Comment:
Correction
