A theory that all this sideways trading since we hit the 5740$ high in mid August has been a complex correction to the move up from 5050$.
C wave may have finished at 5280$ and if we completed 5 impulse waves up from that low to yesterdays high at 5770$ then we may see a correction before another move up and a new high.
C wave may have finished at 5280$ and if we completed 5 impulse waves up from that low to yesterdays high at 5770$ then we may see a correction before another move up and a new high.
Commentaire:
Bounced off 1:1 extension and near 0.618 retracement level, wait and see now
