Our $CRM trajectory is on track
The bounce since Wave A completed has not been an impulse wave and looks distinctively corrective which is what we want to see from a Wave B.
Price has tested the 200 Day MA now since June too and consistently rejects hard at this level
No lower low has been made just yet however
If $245 is lost, followed by a lower low below $232, I would expect to call this in Wave C next.
HS
2024-12-05 15:43:35 +0000 UTC