We got a nice 5 waves down followed by a 3 waves up with high volume.
RSI shows a failure swing point and IMO the volume will now go down while we enter a first leg up.
On this chart, I did not yet pay much attention to the depth of the up coming waves and it will probably go lower down.
We can see a bit more once wave 1 closes.
RSI shows a failure swing point and IMO the volume will now go down while we enter a first leg up.
On this chart, I did not yet pay much attention to the depth of the up coming waves and it will probably go lower down.
We can see a bit more once wave 1 closes.