After plotting my waves to the best of my ability, I do see us moving lower still for a number of reasons. To be honest with yourself, you have to be able to see both sides of the market you're trading and manage risk accordingly.
This would be a potential run higher, if these major waves have completed to the down side, even though i think time will show this idea to be wrong.
This would be a potential run higher, if these major waves have completed to the down side, even though i think time will show this idea to be wrong.