Comments on the chart
Kommentar:
Price move lower as expected today. I am still looking lower. Price did try to make a comeback after dropping but finally succumbed to selling by the close.
Kommentar:
my not to scale wave 3 area was hit today and price got close to TP1 but reversed 0.3 points above it. If you look at the updated chart you CAN count 5 waves down. So I am being a bit cautions in case the expected downmove is done
Kommentar:
The fall continued today. Even with this fall today I am still looking lower