A very nice correction is on the way to old strong resistance. But of course it's just a correction before next bearish wave. It's described in my first idea. GET READY!
Everything is clear, just a smaller form and lots of divergences. Is it going to repeat May drop?
Hi guys.As you can see every time MA 100 crosses below MA 200 which is a strong bearish signal,we see a fake pump.After that the bear market continues its way. Especially in 2014 that even MA 50 crossed above MAs 100 and 200 because of this whole bull trap,just like now.
Hello world.After 10 years of bull market and completing Elliott impulse wave,it's very normal to have the correction wave.