Isn't that just stunning.
A bounce in 3 waves up to the 1.618 Fib again at $265 exactly, followed by a hard rejection and back down to $255 now, if the price can continue pulling back to below the $251 level then we know that the bounce on the yellow trend line was a relief Wave B bounce and the pull back is now Wave C and expect another retest of the yellow trend line and the 0.38 Fib at $231......as per yesterdays chart upload.
jgp63
2024-07-16 11:32:41 +0000 UTCIrina
2024-07-15 19:55:34 +0000 UTC