trendline still not crossed or rejected. Best to wait and see who wins this battle. Bulls want to see 4020 held for at least a day to push up to 4150+, Bears want 3900 crossed and held to drive it down to 3700-. Fed today, so expect whippy price action. I'll just be watching.
Commentaire:
Either up or down should be quick. Down would imply a B and another leg up later, up from here would likely mean we are completing the 3rd wave of C - usually the fastest wave up.
Commentaire:
this would be an aggressive short entry
Commentaire:
breakout above 4020 looks real. Target should be 4150+
