Leading Diagonal pattern shows us that momentum is slowing (look at the MACD divergence) which suggests the market will pop to the upside, out of the trend lines and retrace the decline we have seen since the 1.7190 peak.
This correction may provide a great opportunity to short the market lower once it completes.
I expect this correction to last a week or two before the sell off continues.
This correction may provide a great opportunity to short the market lower once it completes.
I expect this correction to last a week or two before the sell off continues.