In this video I explain why we might see some further downside potential
Video made as an illustration and NFA.
Looks like Wave 5 has begun and is close to ending at this point with an expanding ending diagonal. Not much room for me to be bullish at this time until after the correction for this impulse.
Think 3rd wave is in and waiting on a 4th at this point
changed my count up to something that made more sense. Looking for a smaller correction now until we get 5 waves.
Ford with a nice impulse it appears. Guessing we will have a correction soon for this wave.
Leaning bearish on Ford right now. Its close to invalidating my bullish count. More bearish if it breaks below ~$5.5
Have a great day all
I think ford starts at 9:15.