IMO this bounce is corrective as noted by wave count and should see further downside.
Note
Oops, not trying to reference Imperial Oil, but rather 'In my opinion'.Note
Still seeing a complex corrective bounce: wxyz + abc = ABCNote
IMO this corrective move ended with C terminating higher than the end of B. Terminal move now in progress.Note
Correction - Supposed to read ‘C terminating higher than end of A’.Disclaimer
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.