From PA all of this month/May until current PA, appears to going thru a 1-5 impulse waves lower. #4 to #5 impulse or last run down is going on now & has room to go before it finds a . in my opinion is <orange area> on chart, which is fairly large related to PA. The downtrend has been following a 45 degree angle, which is within a normal drop down (not too SLOW or FAST) at this time. Major Trend down (green line) still has no been broken by price action , but will happen sometime first part of next month/June.
Major is noted on bottom for this 4 hour chart. All EMA's are over PA at this time, so all looks .
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