Clear Leading Diagonal - time for a pullback - then up, up, away
The minute leading diagonal has clearly broken the larger downward wave, which ended in a larger ending diagonal...
Expect a short term pullback to the wave iv level and then a continued rise at least 1.618 times the length of this first leading diagonal wave...
Short term pullback would be consistent with a modest recovery in equities early next week before a larger sell-off in equities as the treasury rates resume their rise...
Expect a short term pullback to the wave iv level and then a continued rise at least 1.618 times the length of this first leading diagonal wave...
Short term pullback would be consistent with a modest recovery in equities early next week before a larger sell-off in equities as the treasury rates resume their rise...
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