Description
⋅ Price has expanded a total of 646 units which is 0.618 ratio of the low 1046
323 is 50% of 646 which was the first expansion from 1046 to 1369
The second expansion to the 2.0 level has completed.
We may have a correction or an advance to the 2.236 / 2.618 level for a correction
But the cycle pattern favors a sell signal in the near term.
Given the recent volatility in markets, trade responsibly and on guard.