We maintain that a C wave decline is underway towards the 100% extension of .8390-.8168/.8349 at .8127.
Bears are in control as long as .8256 remains intact. .8127 would be where wave C would equal wave A (55 day SMA at .8149).
We maintain that a C wave decline is underway towards the 100% extension of .8390-.8168/.8349 at .8127.
Bears are in control as long as .8256 remains intact. .8127 would be where wave C would equal wave A (55 day SMA at .8149).