Price has been in a descending channel since 2017. We are now currently consolidating at a previous resistance level. I will be waiting for a break of this range to the downside followed by a retest of the zone in which I will look for entries. Target areas will be at previous monthly support levels (0.8400). This is a long term move
The S&P500 has enjoyed a long bull wave and it's time for the party to end.
It is completing it's 5th wave and it's time for an a,b,c correction. This is a long term play, if you're conservative then go cash at the entry point - if you want to do a low risk high reward play then hold this for a long time.
