Friends, please hit the "Likes" to encourage these posts. This is a near term update to my Bigger Picture Plot (click). Congrats to all who rode the wave up and sold the top.
So we have a significant pullback as we had anticipated. Looks like we might have one more leg to finish the ABC. It is possible that the flash crash was it, but seems unlikely.
Anticipating a slow bleed to the 9k region, or an aftershock dump. First invalidation level is 9.7k, break above shows some strength. Next invalidation is 9.9k and ofc 10k, break implies ABC done.
Of course, I have had total FAILS on some ideas too, not going to pretend. But all of my plots show PRECISE entries, TIGHT stops, and EXACT targets. Precision is the way of the Fib. Almost every turn happens at a Fib Line.