Failure to clear 93.50 and the rally above 96.75 shifts focus back to the triangle count (shown above…red line is 200 day SMA). Under this count, wave d (triangles unfold in 5 waves (a-b-c-d-e)) of a B wave triangle is underway towards 98-99.
Failure to clear 93.50 and the rally above 96.75 shifts focus back to the triangle count (shown above…red line is 200 day SMA). Under this count, wave d (triangles unfold in 5 waves (a-b-c-d-e)) of a B wave triangle is underway towards 98-99.