Wave 1 found its top just above 76 yesterday and we are currently tracing out wave 2 Which ideally will end near the 75.14 - 75.20 area (the two pink lines).
From here the next powerfull rally in wave 3 should be seen.
Wave 3 should take out the important resistance at 76.82 without much trouble. A break above 76.82 should be the bears last barrier of hope.
No comments:
Post a Comment