Is the correction over?

Nov 30, 2021

Not impossible we come down to a retest of the breakout in the mid 40s. That said, there is support here so accumulating long makes sense to layer into the trade.

Dec 4, 2021

Note

Looks like we did. This should be a decent buying opportunity.

Dec 7, 2021

Trade active

Target Reached. Need to see if the recovery is underway or not. Will need to breach the outer resistance.

Another retest of the low is possible if there is another "credit" or leverage crisis.