Correction Ending Soon?

Aug 5

I'm entertaining this corrective count currently - going forward I expect we see a bounce then 1 more low on less momentum, However a lot of the time these capitulation wicks are the bottom (see 2020 covid fractal the last part ended in 3 waves) - when momentum is this violent price tends to fail on making a lower low - If this correction and count is correct it means we're bull retracing and a much larger uptrend is in play - I will make some more ideas on the potential bull cases going forward.