Just a bit lower on our price target adjusted from yesterday. Although yesterday we were looking for a gap down retracement. We got a "gap and crap" up at the open. This makes a small a wave up. However the price is selling back down into our buy zone nicely. This should be marked as a small wave b. A bit lower and we can go and buy in the green zone shown and go long up to the sell zone above making a small wave c and complete wave 2 in the bigger bearish direction down.
As the old TV game show host used to say to game contestants ... "come on down!" on the "Price Is Right" show.
As the old TV game show host used to say to game contestants ... "come on down!" on the "Price Is Right" show.