The Great SNL Correction is likely nearing it's end.

The highest red shark's fin on the hourly WWV since February means a lot of people loaded up on the dip. This combined with lots of green on the MFI, as well as, confluence with other indicators and strong support around the previous ATH means, this correction is likely near it's end. The short term trend should move decidedly upward soon. Only question is, how strong will it be? Can it power through the first Fib line and get back into green territory or, will it consolidate for a more extended period in this range? It may take a lot longer than most new investors would like to approach challenge it's ATH. However, I think this market cycle has a lot of steam left in it, with a strong ALT coin rally to accompany it, that will likely see a top later this year or early next at the latest. It's going to be a nice Christmas for those that don't panic on these dips and manage to time their exit properly. It's a good idea to have a strategy with targets for entry and exit points based on your own research. I am not your financial advisor. I do not give financial advice.