Still behaving as predicted. Notice price hit the 0.236 retracement fib to the cent today? This just reinforces the accuracy of the retracement tool and helps verify the count. I am counting that as our mini B wave which indicates we're now in the C wave of b. It appears we've carved out the first wave of that C wave thus far. I expect us to continue higher tomorrow and start to knock on the door of that target box or even tag it slightly. I doubt this count completes tomorrow but anything is possible.
My plan stands as of now, which is to buy some puts when we enter that box. I expect price to drop to $200 or lower at a minimum for the next drop.
Current Count:
C of b of A
My plan stands as of now, which is to buy some puts when we enter that box. I expect price to drop to $200 or lower at a minimum for the next drop.
Current Count:
C of b of A
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Bonam Fortunam,
--Tyler
Bonam Fortunam,
--Tyler