Quite the rally, but...
This count is still 3-wave corrective. It means we can easily see another violent move down near term.
Could a base be forming? Possibly. But here it's good to keep an open mind and be prepared for further downside still.
Could a base be forming? Possibly. But here it's good to keep an open mind and be prepared for further downside still.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.