HSI finished exactly on the 0.38 Fib to finish the day, it was a bit of a rollercoaster day with some high swings but the HSI finished the day at -1.3%, having been deep red and followed by some green.
I think this Wave 4 is moving very quickly, as we already have a test of the 0.38 Fib, what we want to see next is a 3 wave bounce for Wave B, followed by another retest of the 0.38 Fib or lower to the 0.5 Fib
All I am interested in is that this Wave 4 behaves like a corrective wave and we see a hold of support within this range.
Right now I am seeing no concerns.
YY
2024-10-09 21:19:06 +0000 UTC