This idea here shows two potential trade ideas. I'm anticipating a short term sell signal at the 1200-1205 area, finishing the 5 wave impulse. I have ZERO intentions in taking that short trade. What I'm looking for is the long setup at the bottom of the flat (double bottom). It may bounce off the trend line or break it, but you don't want to miss that long trade if it comes. GL
Comment:
Still waiting. Not sure we'll see as deep of a pullback as what I laid out.
Trade closed manually