Still plays as long as we stay above 78.6 and the 200 period MA. This is still my preferred count as we never made a retracement deep enough for a clear wave-2 of Wave-5 of WAVE-3. I'm long and HODLing
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Not out of the Bear woods just yet. Bulls need the pattern of lower highs to break and reverse to a higher low and a higher high. Trading 101. Until then, very reasonable to assume that this 5 wave will finish with a new low. 78.6 and the 100% app below. Still potential for this to stay a Wave-2 until the Wave-4 low is broken...
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Impulsive wave off the low confirmed. Right to the 61.8. Thanks Algos... Now we wait for the retracement to the 50%.
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