Now that we have a little more of the chart painted, I do believe that we are starting to see a large wave 4 back to the 90's. Notice how the fib extensions from Wave 1 perfectly match with yesterday's Wave 3 peak at $82.90.
Once we are firmly over the 1 hour cloud, I believe we get back to the 90's quite impulsively - as long as news from China stays positive/neutral.
Once we are firmly over the 1 hour cloud, I believe we get back to the 90's quite impulsively - as long as news from China stays positive/neutral.