- End of wave 5 = 28-24
- 200 SMA support = ~26.50
- At/past the 0.618 retrace of the previous move
A reversal here should bring new ATH's later this year. Could be right around the end of august, as Sept is usually a bad month for returns.
- 200 SMA support = ~26.50
- At/past the 0.618 retrace of the previous move
A reversal here should bring new ATH's later this year. Could be right around the end of august, as Sept is usually a bad month for returns.