Zig Zag correction complete?

We had a very deep zig zag correction which could be complete.
Wait for price to retrace some of today's gains and then start looking for a correction or flag (see chart drawing)
This is not meant to be exact but merely a representation of what structure to look for.

All forecasts will be updated as they develop - remember to follow to receive them.

Always wait for an entry set up before risking your money.

This is not investment advice - it is purely for educational and discussion purposes.
Your Ideas, comments and questions welcome

Good luck Steve

Kommentera:

We didn't get the retrace of the sharp move up so I'm undecided about this now. It's starting to look like an ABC correction which could go long - let's wait to see how far down C goes before making any decisions.

Kommentera:

Starting to look short again