Update from falling wedge idea. ONE MORE flushout low is likely IMO, lower arrow. Will complete 5-EW down, far below 200 DMA.
ANY positives going forward will be an excuse to breakout. Retest of wedge TL at upper arrow will confirm. Bullish impulse may follow.
BE WARY: Entry into WW III, worsening conflict in Europe, invasion of NATO member nations will invalidate these counts!
ANY positives going forward will be an excuse to breakout. Retest of wedge TL at upper arrow will confirm. Bullish impulse may follow.
BE WARY: Entry into WW III, worsening conflict in Europe, invasion of NATO member nations will invalidate these counts!
Comment:
Hangs at TL, backtesting. See if we get move higher; or if it's a fakeout....
Comment:
Breaking up; watch for backtest Friday, entry if we get it IMO
