See link below for previous analysis.
Could a bear market that began in August 2016 be finally over?
There is not enough technical evidence yet but the rally from 1662, preceded by MACD convergence, could provide a bigger relief rally or it could just be a dead cat bounce.
I am still looking at the large Elliott Wave structure as a triple- zigzag (WXYXZ).
I am sitting on my hands on this one but I will monitor price above 1662 cps.
Could a bear market that began in August 2016 be finally over?
There is not enough technical evidence yet but the rally from 1662, preceded by MACD convergence, could provide a bigger relief rally or it could just be a dead cat bounce.
I am still looking at the large Elliott Wave structure as a triple- zigzag (WXYXZ).
I am sitting on my hands on this one but I will monitor price above 1662 cps.
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