Here are our final two supports, if we do a fib pull of wave 3, we are still sitting around our 1:1 target, which is also the 78.6% so we have confluence there, however we have just gotten another stab down, so rounding bottom goes out the window. Our final target is the 88.7% until the trendline then new lows. We'll see how we play out, but If we fall any lower, ill have to start thinking corrective instead of impulsive and change my count.
**NOT FINANCIAL ADVICE, JUST SHARING WHAT I SEE**
**NOT FINANCIAL ADVICE, JUST SHARING WHAT I SEE**
Comment:
The red trendline as it is a strong support, and we did bounce off my first target, but got knocked straight back down...bears are strong, but for the time being we are holding this support.
Thanks