If we don't have a bounce here to at least above 10.5K range, my wave count is headed to at least 8.9K or further. Otherwise wave count change and for me we enter in a bullish trend for the next week.
I've notice the corrections usually last around 1/3 of the impulsive wave time. Previous uptrend las almost 10 days, correction have been 2 days now. No further analysis about this topic.
If fails the 8.9K we are going straight to 8.4K.
My logical bet is short, but I'm already stuck in two longs so...I want this MOFO to go up XD
I've notice the corrections usually last around 1/3 of the impulsive wave time. Previous uptrend las almost 10 days, correction have been 2 days now. No further analysis about this topic.
If fails the 8.9K we are going straight to 8.4K.
My logical bet is short, but I'm already stuck in two longs so...I want this MOFO to go up XD
Trade closed: stop reached:
Great we bounce!