Likely has another correction to finish before the 4th wave bottom is confirmed, a rejection has happened off the LT channel bottom TL and now the Vix has some momo on the daily chart. I expect a double bottom type move b4 grinding higher to capitulate the last of the bear market is here now and sell everything gang that has been running the markets since Feb 2022.
GL guys big mike loves u.
GL guys big mike loves u.
Commentaire:
breaking above 12,400 would change the pattern into an impulsive 5 up now and would imply waves 1,2 are in and finished & w3 pushes back into the LT channel