Interesting chart here, the pull back so far has held perfectly at our ideal Wave 2 spot between the 0.618 - 0.65 Fib golden ratio level, we know that when we get Wave 2's that hold here, it can find strong support and Wave 3 is next.....and most importantly here, the reversal has not happened yet and the price is still below the 50 and 200 Day MA which are just slightly above, a flip to support here above these MA's and this would be very bullish.
A rejection at the MA's and this can come down to complete Wave X.
Matias Rodriguez
2023-10-10 19:43:50 +0000 UTC