Well it seems we have a long term setup which began at the start of this year. The correction has took quite a while (4 months to be exact) but we are seeing signs at wave (c) that we could have reached a possible bottom. The consolidation held at the 50% retracement level, and I am currently looking for another impulsive 5 wave move up on my micro counts to ...
It could still go either way, but for now I belive that the market pattern has been set and is following through accordingly
All resistance levels are to be watched as breaking through one them will highly anticipate the probabilities for the next move imho