$MELI has been textbook, completing Wave A between the the 200 Day MA and the 0.38 Fib which is as standard as you get from a Wave A pull back.
Bounce now is also in line with $AAPLs bounce for Wave B, the faster this correction completes, the faster it can move higher.
Wave C for me still needs to come in and I believe a pull back as shown would present a great opportunity for our members.
Nuno Bettencourt
2024-05-30 12:22:15 +0000 UTCTommyJR
2024-05-05 23:45:38 +0000 UTC