xtremerider8

EPP retested 2 wedges fr 2008 crash;bottom in or a deeper ABC?

Long
AMEX:EPP   iShares MSCI Pacific Ex-Japan Index Fund
EPP have already retested & bounced from 2 potential wedges formed by the high & lows of 2008 crash. The green & black lines are the topside of the 2 wedges. See the yellow zones.
Is the bottom in or is a deeper ABC coming?
If the 2 yellow zones of the 2 bounces does not hold, 43.22 will be the next downside target completing
A deeper ABC wave at the 1.272 FIBO level.
Watch carefully if EPP holds these 2 yellow zones in the next days.
Not trading advice

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