It looks like we may have put in a sub-wave 1 of a larger third wave structure. I'll be waiting for a pullback to the 4900 level before initiating a long position.
Full disclosure, I'm a newb so don't trade based on my TA.
Also, critique is always welcome. :-)
Doom and gloom forecasts everywhere I look, and they could be right. But if the bottom is in, could this scenario play out?
I'm still learning, so don't trade on this. Just imagining a contrarian viewpoint.