dont know about cups or fibo but i do know that a recovery is under way ....for how long i dont know but this chart looks ok prior to june 30 ....a lot of stocks go up to counter all the tax loss taking prior to june 30 ....
there is an old adage " sell in May and go away"
a lot of the stocks that have gone down for 12 months suddenly seem good and some noobs dont sell thinking their losses may be recouped ....july comes and the stocks sink again ....
any way the chart looks good for a recovery but you never know.
i bought and sold just for the record ...a quick in and out ... thanks to your dudly for dat.
the ascending triangle is still intact and looking good for further upside.
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