In the previous macro update we noted that Bitcoin needed to drop lower to complete a macro corrective structure.
On a micro level that drop was supposed to start upon completion of a corrective wave ( ii ) up structured as (w)-(x)-(y):
Ideally it should spike over the top of wave (w) up (20,383) to complete the wave (y) of ( ii ).
Upon completion of the wave ( ii ) up we should expect a strong declining wave ( iii ) down to a new lower low of the year
$NQ #NQ #trading setup #Elliott Wave #a-b-c bounce Two paths I will be watching for a corrective a-b-c- up bounce
$ES #ES-mini Yesterday Es dropped as expected but did not hit the target 2 = 5,973.50. Then we got a
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