UC Short term sell to finish correction, then great buy set up!!
Updated
UC is in the last leg of its ABC correction. Then it will run up to break through prior high of 5, and begin its next 5-3 wave cycle. This will be a great time to enter, so watch! You can play the short term sell, but the real money will be in the buy set up at (C)!!
Note
Also, the bottom of (C) might already have been hit, so personally, I wouldn't play it short here. I will be only watching for the impulse up!Order cancelled
Upon closer analysis on the daily, this final wave 3 completed the final leg of a 3-3-5 correction. The trend is downtrending.. I don't think this will retest C before dropping down. In fact, think this downtrend wave is the beginning of an impulse wave, and we could very likely be in the middle of a wave 3! I think this is a safe sell entry!
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