I am expecting to see FUTU bounce soon from this Triangle and we can clearly see that FUTU completed a 1-5 Wave up and entered into the ABC corrective wave.
FUTU appears to have completed this A wave down and should see a B wave bounce near 90% of the Wave A down (projecting B wave around 177ish) before another wave C down around 116-128ish levels.
Obv, we will need the overall markets to hold steady in which I personally think we will see a bounce higher in SPY in the 427-428 range.
FUTU appears to have completed this A wave down and should see a B wave bounce near 90% of the Wave A down (projecting B wave around 177ish) before another wave C down around 116-128ish levels.
Obv, we will need the overall markets to hold steady in which I personally think we will see a bounce higher in SPY in the 427-428 range.
