Hi SF,
I am more looking at us entering wave 4, which is a corrective wave, within a motive wave up.
It can pull back anywhere up to .5 fib which is $1.79 which would come back and then fill that gap, but I just can't see things going that negative just yet. But could be wrong. I put as $1.99 as I think could be a support around there.
After wave 5 is put in we will enter a corrective phase, likely to concur with outside events.
US correction at some point of say 10% I think is quite easily on the cards.
Too fill the gap that would be when I think more likely.
The stats are that 91% of all gaps get filled I believe.
Not advice and just my musings.
cheers
IMO DYOR
Hi SF,I am more looking at us entering wave 4, which is a...
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