Downtrend is still in play with minimal market participation.
Look for break above descending resistance, WITH SIGNIFICANT VOLUME, to confirm trend reversal.
It is my opinion that most of the volume over the last while consists mainly of DCA bots, as well as MM bots.
This is how I interpret the Elliot Wave Count and where we are at in the Cycle
I'm open to suggestions and corrections as I have only recently started learning how to use it.
