Just a trade, dont stay in because longer term this does go lower, first we have to shake off some bears, and there's a lot kicking around lately
Komentarz:
with the high above B, the triangle is broken, i did take profits because i could count five waves to the top, currently we have 3 waves to around the .618 retracement of the most recent rally, its becoming less likely we will see an 4th and a 5th as time moves on so we may in fact already have entire ABC correction, i continue to expect the price is most likely to rise above 1310, however the triangle above is no longer valid and one should not expect the sidways price action as illustrated
