The warning I issued last night being an ending diagonal is holding on for dear life and on the cusp of being invalidated.
https://www.tradingview.com/chart/TWcPuVIs/
Nonetheless, this wave 4 is turning into a complex pattern with this high consolidation. What would clear things up today is a decent decline into the low $50's. While I'm still ruling out the ED posted last night which could explain OMH I will emphasize with all the overlap that this advance off of $35.30 has, this is not how bullish patterns start off. Hopefully more clues for tonight's update to clear things up.
Best to all,
Chris
https://www.tradingview.com/chart/TWcPuVIs/
Nonetheless, this wave 4 is turning into a complex pattern with this high consolidation. What would clear things up today is a decent decline into the low $50's. While I'm still ruling out the ED posted last night which could explain OMH I will emphasize with all the overlap that this advance off of $35.30 has, this is not how bullish patterns start off. Hopefully more clues for tonight's update to clear things up.
Best to all,
Chris
Go to ewtdaily.com for DETAILED DAILY UPDATES on this ticker, and get a 7-day FREE trial on updates on 27 unique tickers.