I think we just completed wave 3 down and should move to fib 50 for wave 4 and then final wave 5 down. Also coincides with ABC correction before we can continue march up.
I would monitor the fib .50 level, could go to .618 or .786 even at which point, last wave 5 down/ C wave could not come to fruition. For now, let it go up but be ready to pull trigger on some + gainers to lower risk.
I would monitor the fib .50 level, could go to .618 or .786 even at which point, last wave 5 down/ C wave could not come to fruition. For now, let it go up but be ready to pull trigger on some + gainers to lower risk.
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Bonus Fractal:
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Another current view:
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Went above the projected zone but hit the curve nicely. Next moves?
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Ok, so market is factoring either candidate win? Biden may fix relationship with China and is a better overall international relationship advocate compared to Trump but uncle T watches over the corporations? Either way, if we do not go down from here, chances are a massive bullrun to spark given the high volume.
