Obviously wave 2/b isn't complete. Here's one alternative way to count the drop. Below 52.91, the 78.6% retrace, the lower target box for a deeper wave 4 below Feb's low has much higher probability.
Disclaimer, I exited my short positions on this morning's weakness. No long-term positions, but I'm prepared to go long ONLY when the correction proves itself complete.
Disclaimer, I exited my short positions on this morning's weakness. No long-term positions, but I'm prepared to go long ONLY when the correction proves itself complete.
