This is for demonstration and educational purposes only for those new to technical analysis and who are learning about corrections. Today's lesson is to help with mindset and controlling emotions. Don't fret about corrections before continuation. The market must correct itself after an impulse. Whether now or later, a correction is bound to happen. May not be this week or this month, and a correction can be 50%, 61.8% of the initial impulse. Depth of correction is totally for demonstration purposes only for this lesson. Do not trade this as a sell, or trade at your own risk. Price could range between previous highs and 30Ks over the next month or two. A sell idea could be premature at this time; thus this is just a tutorial and not a call for buy or sell.
