Bearish Count

105
Summary : In This scenario we would more
bearish and could bring us towards the 3000's if this is the count .

Channeling :

Base channel : Had the right slope

Temp : Not the best but we did come over the median

Final channel : Broken below


Strengths : We had Alternation. Wave 5 had a distinct reaction at the extension from (0-1-4) at the "0.382".
We have the Divergence. The impulse played very well into the "Pitchfork" which we are now
breaking below.

Penafian

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