NG after an explosive rally from Dec lows is correcting the impulse. The corrective move shows A as an impulse, B as zigzag and C as an impulse is going on with clearly visible i,ii and iii. Now the iv wave is near to complete as a tripple zig zag. We should see an impulse downwards again. Short omn breakdown of the wedge for tgt of minimum 2.54.
Comment:
Broken the wedge on downside.
Trade active:
Keep recent high as stop.