UNP appears to have completed a Wave 5 bull move. Price action on 2/6 was not able to take out 188.96 high. In addition, price has broken below
the 2-4 which provides further evidence lower prices are taking hold. So, I expect that price will return to the start of Wave 4 at 167.5.
the 2-4 which provides further evidence lower prices are taking hold. So, I expect that price will return to the start of Wave 4 at 167.5.