We have today completed 5 waves to the downside, which is an impulsive move considering time and length of the move. This probably means that the triangle wave B is now complete and wave C is underway.
A break below 100.80 would be a good sign for the bears.
Short term: I would like to sell a three legged correction.
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.