[7:19 AM] - An isolated view of the triangle. Wave e has reached 38% of wave d. Daily MACD is bearish tho and continues to diverge so we'll see.
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| 7:19 AM |
[7:06 AM] - Its not over for the bulls yet but the bears are certainly making an effort to make a statement. The short term bull case is in jeopardy per the yellow count on the 5 min chart.
However, if we pan out to the daily, the green triangle I presented is still certainly a viable option for the bulls and something that would trap any bears looking to capitalize on the recent sell off.
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| 7:06 AM |
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| 7:06 AM |
