So like predicted we are back at retracement.
In my previous post i have mentioned the correlation between the spikes of December, Februar/ March and now.
The "earthquake" is flagging and the waves tailing off.
if we test the lower FIB level 78 more than we already did, we may see a further ongoing correction like mentioned in the previous post, with a possible touch of 7.500 or even lower back to the bottom line.
That would mean that the mentioned rebuy zone of the previous post is correct
Thank you for reading