Sometimes stocks reverse exactly when you want.
And sometimes they go down further when you want them to reverse ($SE)
And sometimes they reverse earlier when you want them to go down lower so you can buy more ($NIO)
In both cases we still bought.
Instead of an ABC corrective wave for Wave 2, we are more than likely getting an WXY, so it is still a corrective wave but different in how many waves are in each count....those who have been here long enough, will remember when $TSLA pulled back to $152 this year, this was an WXY wave.
Strong day yesterday and recaptured the $56 level it had lost from the first count.
I want to see more strength like this, still more to do to start confirming its reversal, we want to see higher highs and higher lows now.