I still think this will go one more leg up to the Weekly trend line (WTL) but at the moment it looks like it is making an ABC correction.
Let's see if it comes down to the daily trend line (DTL) if it does then we'll have a better idea of what it is going to do next.
If it breaks down below the DTL wait for the correction before going short
Hope this helps
Steve
Let's see if it comes down to the daily trend line (DTL) if it does then we'll have a better idea of what it is going to do next.
If it breaks down below the DTL wait for the correction before going short
Hope this helps
Steve
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Flag ending?
SteveNixon
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