Wave 4 should never cross into wave 1's price area. Following this logic, if we are to assume we are in an impulse period, we are in wave 3 and it has just ended or we will dip to ~$212 before recovering to ~$245. The final wave will likely bottom out between $125-$185 before recovering.
*This is not trading advice, simply my thoughts on the current market*
*This is not trading advice, simply my thoughts on the current market*
Comment:
Sitting comfortably under $185 now.