Thou shall not pass 500DMA! We appear to be done with 5 waves (yellow) from the lows with 335% hike, this is impressive. But I believe we are in an ABC correction now where A (white 1-5 sub-waves) and B (green ABC) are done. The green boxes are hopeful targets to get support for the C wave (red 1-5 subwaves)
This structure becomes invalid if price goes above $100
Take Care. Use Stop Loss
This structure becomes invalid if price goes above $100
Take Care. Use Stop Loss
Comment:
We briefly crosses the $100 and then quickly dropped. Tracking the update here
