As i spoken earlier, corrective waves are always complicated and complex and it can unfold to triple waves. The market decided to have a longer wave C pre Powell testimony and immediately falls back and close Friday that was almost similar to Thursday closing. This price action tells that bearish is still intact. Strong bearish still insight and is matter of time.
I would suggest to only take a small sell entry at the break of previous low.
This is not trading advice and is just my opinion on the market.
I would suggest to only take a small sell entry at the break of previous low.
This is not trading advice and is just my opinion on the market.