Brrrattt - in this instance you were right about Elliott Wave...

Brrrattt - in this instance you were right about Elliott Wave not coming up with the goods as I had thought. Today's candle suggests price may have bottomed so I'm still sticking with my "I think this is about the bottom theory" but I certainly wouldn't be buying. If I held I wouldn't necessarily be selling either without a move lower but having another look at my earlier chart, I see my uptrend line should have been drawn more steeply than it was and price has closed below that revised uptrend or two consecutive weeks. That's a sell signal so certainly the red lights would be flashing.