I wake up each morning, check the comments section in our group chats and after reading the comments before looking at the charts, you would assume that hell has opened up and the HSI has fallen into the depths of hell.......I go to check the chart and see that the HSI is holding where it should, above the 0.5 Fib and at the 50 Day MA and nothing has changed to the structure.
We see this on X as well, peoples bias is sometimes louder than what the chart is actually reading, this is why we stick to the facts, look at what the chart is showing, the chart can not be biased.
Wave 4 pull back has been standard and we are still at or above both the 50 and 200 Day MA in an impulse wave, this is an exchange, a very important one too, so it does not move in high swings, it would max move in +/-2% changes per day, so it is slow, so we need patience.
Plan remains the same here, block out the noise.
Gareth Neary
2024-06-21 09:49:36 +0000 UTCChris H
2024-06-21 09:47:59 +0000 UTC