I went long some today, but will add big above trend line
A direction needs to be determined (I would like a test of $240)
Diamond formation, avoid until direction is determined.
FIB Extension on Weekly Chart, $109 - $141
I think we test 61% retracement on FIB and wave 5 down
The excitement of the market, Bears Say H&S, Bulls say its about to fly!
This is the daily EW. On the weekly, we are on #2 correction moving to Wave #3 up (big)
This was a great play, but, is risky right now...waiting for development