10:46 AM |
[8:35 AM] - A good chance this could just be a simple a-b-c corrective. Watching to see if wave c turns into a falling wedge/ED.
However, the bears have a shot at a much larger third wave down that is winding up with some nested 1-2s targeting 1950. I won't give it as much weight though unless the lower trend line fails.
8:35 AM |