No need to go complex on this description.. the chart says it all.. To me we're heading to a complex correction, probably a "double-three" or "triple three" structure. Why ? Cause there's no strength in this market, Sinewave shows no signs of a bottom structure and we haven't even retraced 13% from the last impulse. Those who are familiar with my scenarios on US indexes knows that I'm short on them, and I still am ! I'm just waiting for X point to be plotted and I'll reinforce again for the next bear waves.
Hope this idea will inspire some of you ! I'ld appreciate any like/follow if you feel like it deserve it ;) You can check my indicators via my TradingView's Profile : @PRO_Indicators
Trade active
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Latest gap activated the trade signal, price seemed to have responded within the identified trading zone. Awaiting for confirmation with a short term support breakout.