Observations:
For informational purposes only and not deemed as financial advice
- After seeing more data, it appears the correction is still in play. However not as deep as previously anticipated.
- Appears we are currently completing a Wave 2 correction that has formed an ABCDE symmetrical triangle.
- Watch for Stochastic RSI to bottom out and curl back up for the breakout with significant volume to confirm the start of Wave 3.
- With this assumption, it could breakout within 24 hours.
For informational purposes only and not deemed as financial advice
