I'm still in a speculative short from 23585. Until today I wasn't sure what to do with it but now that I saw the pullback to 0.618 and reversal down again I'm starting to think this move will continue down for a decent pullback and some long awaited relief...
If you're not in don't sweat it. Watch these patterns for possible setups. The Gartley is too soon to tell but I put it on there anyway (in line with an ABC of wave 2 or B)...
If it breaks lower (possible H&S: setup on break and re-test of neckline...) we could have a big down move coming (zoom out for lower trendline and next support levels...).
If you're not in don't sweat it. Watch these patterns for possible setups. The Gartley is too soon to tell but I put it on there anyway (in line with an ABC of wave 2 or B)...
If it breaks lower (possible H&S: setup on break and re-test of neckline...) we could have a big down move coming (zoom out for lower trendline and next support levels...).
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Updated chart here:
Looking at this I suspect the eventual top will be a spike though and thus the top will probably be hard to catch... In any case I will still try to catch it...
Wait and see for now...