Let Me tell you flocks , there is two distinctive moves in the market ,
01) Function of Price - All we know as Impulse waves
02) Function of Time - All we know as Corrective waves ( structure )
they always co-ordinate with in them with specific character and being analyst one must understand them in timely manner to adjust or adopt the method of...
I am looking this as corrective structure , we call it as secondary correction to primary downward trend ,
This move will be slow and mostly looks like a choppy on daily , but the move is going to occur in coming day
One can look for positioning them self for trading in this corrective structures