Today's low nailed the 100% C v A target I noted in my last post (see linked idea). Movement off that low is looking impulsive so far. Provided the next pullback on the hourly prints the necessary higher low within the marked wave 2 Fib range (blue/green box), this should develop into an impulsive move to yet another new ATH.
I think the indices are entering a wave 5, with a larger correction in store for later this month, or into December, which could see a pullback close to 35000.
I think the indices are entering a wave 5, with a larger correction in store for later this month, or into December, which could see a pullback close to 35000.
