Intersecting lines at 9450 fibo 9488. can't be sure of 4th touch
Updated
already erased the impulse wave but it's really easy to see. left up the corrective as I see it
retrace to 9488/9450 and small bounce before another corrective to 9124 is one way, or 4th touch breakdown immediately of the uptrend line. alternatively bounce from 9488/9450 and send it. I'm of the opinion Monday's halving will either reverse a volatile trend or a long squeeze will fire - in other words a sideways weekend will take off with the market open or in case of bull/bear run the trend will be reversed
retrace to 9488/9450 and small bounce before another corrective to 9124 is one way, or 4th touch breakdown immediately of the uptrend line. alternatively bounce from 9488/9450 and send it. I'm of the opinion Monday's halving will either reverse a volatile trend or a long squeeze will fire - in other words a sideways weekend will take off with the market open or in case of bull/bear run the trend will be reversed
Comment
should clarify in the case of the 4th touch breakdown i still see it bouncing from 9124Comment
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Comment
woof that was a big 4th touch break. lower than I thought but after the minor bounce at 9600 where bulls tried to avoid the line built up pressure and now that it's been released i think we are quickly getting back to the 9k range.Comment
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