Going By the bottoming stochastics on the weekly chart
a major wave is coming to an end,and most lilely its the Wave 4 of 5.
a major wave is coming to an end,and most lilely its the Wave 4 of 5.
On the bigger time frane chart, Prices is nearing or at the
bottom of the trend channel.Given that weekly stochs is greatly O/S.
Bearishness is losing its strength.
A Wave 5 turnaround should be coming soon.
Bearishness is losing its strength.
A Wave 5 turnaround should be coming soon.
Stochs has not turn.
Judging by price action,
prices should reach the wave 4 of last degree.
which is at about $115.
Another sizeable $4 or 400pts from here.
Be bearish for the moment but not too bearish.
Judging by price action,
prices should reach the wave 4 of last degree.
which is at about $115.
Another sizeable $4 or 400pts from here.
Be bearish for the moment but not too bearish.
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