I obviously may have to redo my wave count, because this...

I obviously may have to redo my wave count, because this mornings drop in SP made it unsustainable, but sh1t happens and so I will need to have a another look at that however so far the rising channel is still in ok and with that the Andrew's Fork. So we'll see what happens there. In any case, even though I don't like the idea of a rising wedge, I have taken it on board to keep an eye on it. Just in case the wedge targets are the blue dashed line.

I hope today's drop is more in line with overall market perception rather than LTR TA specific and that SP and shorters are simply pushing the boundaries!