Looks like we have one more down leg on an Elliot correction wave. We have not broken the downtrend yet. I expect another retest of the latest lows or a test of the 200 day moving average
Kommentar:
I was a little early but the Elliot wave will be confirmed on on Monday. If we break 280 the 273 is the target. If we hold 280 it may be a bottom. Long term still very bearish. It might test January lows