US30: Elliott Wave Analysis

Details: Wave 2 purple (Cycle Degree) has been completed at 38019.06 as Running Flat and get ready to move up to Wave 3 (Cycle Degree). Now price has been completed Wave 1 blue (Intermediate Degree) as Leading Diagonal and declined to Wave 2 blue as the expect target at Fibonacci Level (0.50-0.786)
Invalidation Point: 38019.06
Trading Opportunity: Wait for Wave 2 blue (Intermediate Degree) complete as the expect target above mentions.