Bigger picture, the advance from 95.72 is in 3 waves (corrective) and has retraced 50% of the decline from 124.13.
As such, we are looking for the longer term downtrend to continue. This is our stance as long as price is below 110.65.
Bigger picture, the advance from 95.72 is in 3 waves (corrective) and has retraced 50% of the decline from 124.13.
As such, we are looking for the longer term downtrend to continue. This is our stance as long as price is below 110.65.