This is starting to look like the 5th wave we've been waiting for. The latest move up is making a corrective structure which looks short.
I'll update my ideas as they develop First rule of trading - Protect you capital
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Good luck Steve Nixon
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Price has moved down and broken out of the corrective structure as forecast. We still need some more down side before we can be sure the correction is over and we are in wave 5.
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While there is probably much more down side to this it is probably time for a correction - tighten stops.