We posted yesterday of a wave 5 blow off top that completed with a Wave A sell of now. Wave should be complete at around $319 already or close to it. The target for Wave C is $17 the 1.27 extension of Wave A and retracing the whole blow off to the bottom of Wave 4. This should happen very quickly in the few days. Especially with trading being halted.
Note
You can see we’re now forming a head and shoulders at the .786 fib level of way A. Also, as expected in Wave B there isn’t enough volume or push to break to new highs. Selling will resume shortly.
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