On the 15 Minute, we see the Gap Fill as the dotted Green Line
below with the Pullback Objectives into 10 - 10:30 AM EST as
has been the pattern Monday / Tuesday.
This appears to be a 2/5 corrective pattern for the NQ
with a Larger 3/5 decline ahead.
The attempt will remain to Fill the Daily Gap IF price
can cross 16036...
We anticipated the RT after a nearly 9% decline, but do not
trust the retacement.
Not to suggest it will not move higher, but it will not hold.
IF 4/5 is underway within the LArger 5/5 on the Year Count,
we have more work to do for Price as the 4/5 would
imply a.382 corrections of the Larger Monthly TF.
These are decade long patterns now and require a great
deal of time to resolve.
_________________________________________________________
All eyes on 8:30 AM EST and ZN / TNX.
below with the Pullback Objectives into 10 - 10:30 AM EST as
has been the pattern Monday / Tuesday.
This appears to be a 2/5 corrective pattern for the NQ
with a Larger 3/5 decline ahead.
The attempt will remain to Fill the Daily Gap IF price
can cross 16036...
We anticipated the RT after a nearly 9% decline, but do not
trust the retacement.
Not to suggest it will not move higher, but it will not hold.
IF 4/5 is underway within the LArger 5/5 on the Year Count,
we have more work to do for Price as the 4/5 would
imply a.382 corrections of the Larger Monthly TF.
These are decade long patterns now and require a great
deal of time to resolve.
_________________________________________________________
All eyes on 8:30 AM EST and ZN / TNX.