In that post, I said I was looking for prices to head down to finish the E leg of the larger descending diagonal better seen on this DAILY Chart::
Well, from that post 3 days ago to now, before and after the FOMC, you can see that prices are moving pretty much as I had predicted it would. Now they are getting near to the bottom TL of that descending diagonal and also to finally filling that POTENTIAL that has been there for weeks! When that does happen, I will be looking for signs of a reversal because IF that turns out to be a MAJOR LOW, then we could be seeing the beginning of a MASSIVE wave (C) up that I have been waiting impatiently for MONTHS NOW!
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