As an update to the previous post, 1201$ did act as a short term resistance, pushing the price back down to 1142 in a few days.
Now, I have marked the low at 1131$ as a Major Low for various reasons:
1st, because it has shown impulsive price action which we have not already seen since the Major Top at 10th of July.
2nd, because We've counted the Elliott Waves and...
