So the 38.20% wasn't touched and we dropped below the 62.00%....

So the 38.20% wasn't touched and we dropped below the 62.00%. What's interesting is we didn't remain there long and came straight back up.

Five real points of interest since the previous analysis played out are.

1. 38.20% intact.

2. Timing square intact and offering new resistance.

3. Timing cycle by degree also offering resistance. Previously these were offering support.

4. Timing line by degree was hit three times on this previous swing. Once as resistance, twice as support.

5. The 62.00% was broken. But only briefly.


I'd like to see this drop on Tuesday to fill that gap. I'd also like to see it sit on that upper Andrew's tyne (blue truncated line) That would give it plenty of energy for the next leg. What we don't want is for that 62.00% to be re broken.