Since the spike down on 4th December we have seen no real buying volume or reversal pattern .
This makes me sway more to the idea that we may drop lower in a WXY . If we do not hold the spike low i have market target on chart which is 616 the length of Y and also the 50 % Fib from the last completed wave up .
Clear invalidation point on this chart but is my primary idea for now .
This makes me sway more to the idea that we may drop lower in a WXY . If we do not hold the spike low i have market target on chart which is 616 the length of Y and also the 50 % Fib from the last completed wave up .
Clear invalidation point on this chart but is my primary idea for now .