Wouldn't exclude a wick to 240 but meh
After this sort of a wedge is complete and possibly broken on the upside, I'm expecting a continuation of this ranging between the two levels we marked at the beginning of this year, possibly a powerful swing on the upside depending how we retest intraday pivots from ...
In the "decisions decisions" chart we saw how the last wave on the upside was truncated as I expected and we are seeing an impulsive continuation on the downside, we already saw how strong the dump was. Can the same strenght continue to new lows? I think not, since our wave 3 was so fast and exhausting for the ...
Basically showing the behaviour of the market when it finds an interesting low that looks like a bottom because of a strong rejection and a near consolidation. I wanted to see hoe the cloud influenced it.
I'm feeling bullish, but we're in a decision zone and we may have to keep our trembling fingers on the orderd buttonz for a couple of days still.
Extensions of waves is possible and we could be looking at 290-300 for 3 and 320 for 5 in case we were extremely bullish.