Le'ts play: 'Find the Structure.' Algos always do...

Amazingly, it's "almost" always there. You just have to keep looking for it. The one thing I can promise you, is that this low is not random. In fact this structure is a very strong block from which to build. The probability of this low holding now increases. And for all you Utra-Bulls, the depth of this correction implies that this is a larger degree Wave-2. That should get you just a little bit moist. Do a 1.618 price projection on that! Do even a 100% of wave 1, assuming that's what we've got, and, well... if this count holds... we're just getting started. As for a trade, I'm now waiting for the 1st pull back on the 1 hour. See ya there..?