Top may already be in on the wave b move up as we can see 3 swings. If this alt holds true then we should see a relatively large move down either Friday or early next week.
Can't say this is my favorite - but we did already touch the 50% retracement of the move down.
Note: Look at the RSI and MACD divergence on the low from yesterday - if you didn't see that and go long at open yesterday then you have some studying to do. Just wanted to point that out
Can't say this is my favorite - but we did already touch the 50% retracement of the move down.
Note: Look at the RSI and MACD divergence on the low from yesterday - if you didn't see that and go long at open yesterday then you have some studying to do. Just wanted to point that out