Is 6,100 the bottom to complete the correction?
Updated
Are we ending in a zigzag? I think we might be finishing the B wave with a double flat and then an impulse wave down to $6,100 which is 0.618 of wave W of X.
$6,100 seems like an area of incredible support.
$6,100 seems like an area of incredible support.
Note
If $6,100 doesn't hold, I see us dropping to $5,500
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.