Targeting a .618 retrace from today's move (15055), possibly higher. Then, the C leg lower to 14822 which is also the .5 retrace from the wave 4 low on July 19th. Despite the last 4 tops not playing out in a clear ABC corrective, there's a first time for everything! Tops are a process.
订单已取消:
Overnight price action has invalidated this short idea. Please see my most recent NAS post about a irregular correction pattern and set up for a 5 wave up.