5thwave
chartpattern
trendanalysis
truncated
waveanalysis
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Looks like we're setup to make our final move down. One can only hope it's fast although I doubt it.
4
I've been watching the $11,800 level for a few days now as it's a VERY strong resistance point. I'm now seeing a rising wedge that, to me, indicates a truncated 5th wave and a retraction between $10,500-$10,800 before we bounce for the 5th wave up. Short term - I'm bearish and planning on shorting down to $10,800 then I'll flip to a long position to...
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