We have to see if this is not an A-B-C correction, being now B under construction... IMO, C is missing...
You are viewing a single comment's thread from:
We have to see if this is not an A-B-C correction, being now B under construction... IMO, C is missing...
Yeah...I pointed that out in the video. I can carve out an ABC on lower timeframes, but it's messy. If this is a B, then presumedly the C would very likely drop below the start of wave 1...unless it's a VERY shortened C. If that happens, I'd invalidate the big picture count and things get interesting. Likely turns it into a WXYXZ...and likely sets new 2018 lows.
Until price breaks above $6,750, I remain very skeptical that we’ve seen bottom.