3.2 is the top of the bigger one
M pattern in momentum
Volatility is elevated a lot
Within the range of possible 2nd target
Maybe exhaustion, maybe an island, maybe...
Possible M Star in daily
And lower wedge boundary
60D correlation with $DXY negative
Triangle, H&S target, T/L from 1999, 2001 lows
Big fib level at 0.7180 area too
COT's are bullish and sentiment extrem negative
Diverging from $GDXJ
Ratio diverging from gold
Targeting demand zone 18.180-17.650
If false breakout, markets will shake more
$SPY in green line
Contained?