In my weekend update I correctly predicted a bullish bounce: Under that bearish wave count I expected to get an a-b-c up corrective structure that was supposed to stop at 3,688. However, instead of an a-b-c up move we got a five wave up move. If we consider the low…...
Crude Oil drew a bullish descending wedge over the period from June to September 2022: Crude broke out of that wedge in October 2022. When such a breakout happens normally price comes back down in a corrective looking a-b-c structure to re-test the broken wedge from above. This morning Crude…...
Silver seems having started a corrective flat a-b-c up consolidation in subwave (b) up of wave (v) down: That is a typical behavior before the final exhaustive decline in subwave (c) of wave (v) down starts. The final flush down would complete a huge corrective A down, B up, and…...