I didn't realize this when I published my last post, but a direct time-scale correlation between May and July actually looked a bit better for the last few trading sessions. This is purely for curiosities sake, but it would seem that the pattern of the last few days has distinct similarities to 5/20-24, and also 5/13-21, becoming a pattern within a pattern. I am curious to see how long this plays out.
I don't know anything about Elliot waves, but I'm sure those folks have a better explanation.
I don't know anything about Elliot waves, but I'm sure those folks have a better explanation.
