The fact that we did not close above Oct 15 high indicates that there is still some selling going on. The bottom of the right shoulder just so happens to fall at the gap fill down to 268. Watching to see how tomorrow plays out.
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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.