going into c wavee of abc correction before next bull run tg around 1233-36
short may short term go up howevr this is a short set up running flat correction going back to initial demand zone
last week so bottom in now the basing process is in progress ready for next upleg intially testing that yearly trendline again
clearer zones demand and supply, 1260 area to watch if correction is over multi year trendline
Wasnt expecting a correction last week, however it has stopped at the middle pink trendline and looks like a destination to 1230 my tp very possible 1250. Their a chance that this could continue correction into 1230 however my opinion is the first
up and down week, area of 1285 was brocken which proved to be a barrier late week i expect a move upwards to 1300 before a correction but who knows lol
correlation with gold is strong should see a new high soon creating new support
2 options red or green h and s on 15 my option is red up2 extension 1320-1330 before a correction into late 1250's
seems this should bounce around 1260-1240 mark before making a new upward move intially the anticipated 1280's region and evetually 1300 which create a new bottom of around 1260 which will be tested after 1300 ....