As you can see, from my main idea we are still in a correction phase. Having possibly finished leg B of this correction, we should be heading for $8500-$8600 with possible wicks to the $8280 region.
I was hoping that we would go up to the .786 fib level, but currently do not see that with multiple bearish divergences showing at the time of writing this.
Once we hit these short term goals, a nice rally to $10.3k will in the books hopefully.
I was hoping that we would go up to the .786 fib level, but currently do not see that with multiple bearish divergences showing at the time of writing this.
Once we hit these short term goals, a nice rally to $10.3k will in the books hopefully.
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