We got the anticipated lower low, we got the bounce, we got a channel break and a retest. Is it a fake out, or is this a sustainable break out? Indices show signs of bottoming as well.
Comment:
The bounce is leading, which could imply that we'll get a small pull back before continuation to upper resistance. We'll have to assess as she goes, but I am anticipating to get at least a 3 wave move.
🅱🄰🆁🅺🆆🄾🆁🆃🅷