es 6-6 update ~

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good afternoon,

after further observing price action today, i feel fairly confident that we will see one more leg up to around $4300.
this leg will put in a 5th wave in the local impulse. (which for now will be labeled as wave A)

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price action is currently contracting within a triangle \ bull flag up here.
sentiment is mixed, but the whole structure fits the narrative of one more rip up.
it may cut short at 4250ish, but ideally a push to 4300 would seal the deal.

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based on how we pull back after, will determine where price shall go next.

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ps. if the local low from friday is breached, a door can open for a push down to 4070ish, before we go for the final push up.
取消訂單
invalidated.
評論
technically, not invalidated- just prolonged.

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