That was an aggressive wave 3.
Wave 4 now working itself out, consolidation.
Wave 5 yet to come.
The sell stops resting above 10k are too tempting for whales.
If they can trip 10k with a little force, it will cascade to 10.4k pretty quickly.
I strongly suspect (and hope) the US market on Friday will hit the trip wire.
Wave 4 now working itself out, consolidation.
Wave 5 yet to come.
The sell stops resting above 10k are too tempting for whales.
If they can trip 10k with a little force, it will cascade to 10.4k pretty quickly.
I strongly suspect (and hope) the US market on Friday will hit the trip wire.
Note
Looks like we are back on track:Note
I have not updated this idea in a while because I was scalping the expected retrace:
and
Note
microFibs hitting all the notes exactly. If this micro 4 does not pull back below 9350, then 9500 is easily next target 
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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.