Believe we are still Bullish. Move we are currently in is corrective. Unfortunately the bullish trendline was violated. Am speculating this move up from Wave 1 is corrective and could end with a weak "Y" wave. Enough trys at this major Bearish trendline and we could finally break it. A strong close above it followed by support on it would be a good indication that the Bulls would resume.
Note
5 wave move currently started
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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.