Have spent quite a bit of time this morning trying to work out how this correction might play out - so many options. May be a straight C wave down into the target area - maybe a ABCDE triangle pattern, taking time rather than price. Those sort of options. Just have to give it time.
But one thing I wanted to mention - along the lines of 64eheh's good news items - the price of FE has rallied from 116.9 to 134.4 over the past couple of weeks. Quite a nice bounce so with a bit of luck, we aren't seeing the end of the world.
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