A few days after we had the death cross in 2014, we made a lower low which completed wave 5 of the downtrend. What followed was the ABC correction back up. the A wave bounce to the 50 MA, came down, price broke above 50 MA (wave B) and peaked at the 200 MA ( wave C).
Bottom Target is just a crude approximation
Bottom Target is just a crude approximation
評論:
Bounce off**
評論:
My timing is way off, probably by a week. And 4800-4900 is my next bottom target.