We got the anticipated lower low, we got the bounce, we got a channel break and a retest. Is it a fake out, or is this a sustainable break out? Indices show signs of bottoming as well.
Note
The bounce is leading, which could imply that we'll get a small pull back before continuation to upper resistance. We'll have to assess as she goes, but I am anticipating to get at least a 3 wave move.
🅱🄰🆁🅺🆆🄾🆁🆃🅷
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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.