Disliked{quote} true... but the day still isn't over...(late rally?) but i agree momentum is down...would take a lot to hold above the mentioned levels... {quote} yes this fall was tricky... Todays close is going to be crucial i think...if it doesn't post a rejection candle and bounce above 1242; then indeed we are going lower...however if it does hold then that could be the start of wave 3 in which case it could go way higher... However in a broader context; the USD index has clearly broken out to the upside and perhaps will continue going up for some...Ignored
I'm not very familiar with wave counting but credit to you as you seem to be pretty well versed in it.....can you briefly explain what is it in a nutshell please to give me some understanding when I read your posts
Many thanks.... LL