Well, although i am bullish and think correction is over like i wrote few days ago (see link) and link should rise above 11 usd to confirm that i am showing one possibility that i will keep in mind. There is possibility that link is in c wave of running flat after which larger wave B would end and C wave would start. That could be the case if spx after bouncing from 3200 (23% fibo) rise to 3400 ad than fell to 38% fibo at 3050.
Kommentera:
sorry...i wrote running but meant expanded flat...if we dont rise above 11 usd then this would be running flat and it would mean that B wave it is over and we are gonna dive. but, that is not my primary count, i prefer at least expanded flat with 13-14 target... so expecting to bounce from 9,75 (38 fibo)
