Quite a significant day today peeps.
It put in a 5 wave move up. Will have to see where the wave5 ends to see degree of significance.
If it takes out 11.5c that firms up a much more bullish view. There's enough information out to allow for this possibility with what we know so far and are expecting very soon. Today's move was an example of that.
But if it can hold above 7.5c into the next ANN that's pretty huge as well. Effectively just becomes a nested wave.
Key takeaway atm is we're taking out highs not lows!!!!
MK.
chart daily, page-2411
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