Just noticed that the price action gives us a good looking inverted head and shoulders that aligns perfectly with my wave count. Both converge at the 12,200 level.
Note
So far the idea looks invalidated. Looks maybe more like it may be headed towards a descending triangle instead.
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.