$U - RC -
Added 2024-04-09 10:27:00 +0000 UTC$U bleeding appears to be slowing down and support is starting to come in between the 0.78 - 0.88 Fibs which is the last line of defence for support before the previous low is tested.
$U's decline is likely down to the selling pressure experienced by $AAPL right now
But I believe $AAPL is due a bounce shortly for Wave B, which may also help $U here.
Wave Y target remains the same but we need to see signs of a reversal soon.
Comments
Funny just saw this - hadnt charted U for ages until today - that bottom has held a LOT of times now
TommyJR
2024-04-10 00:31:42 +0000 UTC
