My ranges for today are:
Short term trend channel: 495 - 530 (BROKEN)
Long Range Channel: 512 - 609 (BROKEN)
US Li basket lead: 484 - 517 Expected open 492
1st reversal for Wave 2: 61% fib 483
2nd Reversal for Wave 2: 78% 465
If it breaks 517, we are probably rising tomorrow.
Don't know the 7 Day ema offset yet, but probably around -6% - so it can extend another 4% which would take it to 465
My ranges for today are:Short term trend channel: 495 - 530...
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