minor correction extended the last triangle (5 mini waves then drop) but found support and redraw of the purple area/triangle.
so no real change apart from higher:
1) push up through old (less likely)
2) small correction/drop through trend to support and continue along the new extended triangle/trendline -
3) drop - which would be neat for my , but apart from wanting this to come true because it would fit nicely
all depends on which primary wave we are in i.e. was the big drop wave 4 (and we are in first part of wave 5) or... 5k was 5th wave and we are still in correction mode
history says we are, but needs confirmation either way. on the side we jumped out of the yesterday and TD -0.34% indicator positive.
as always this is not investment advice etc. all points, timescales and patterns bound to be off - much better analysis out there from others!
RSI v. high
so based on this chart its got a big fib box (up to 10k intially) between now and the end of next month (roughly). This fits in with the TD weekly count (currently at 2) assuming now shocks/surprises...