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US30 At Decision Point
This count is very close to invalidation. We may know rather quickly whether it will hold as a possibility. I'm still bullish for the time being, anticipating the start of this third wave. If the price dips down below yesterday's low of 36038, this count will need to be reworked.
It is possible that the orange degree wave 2 could still be in development, and may produce an expanding flat. In that case, we would expect the price to drop just below this invalidation level, to around 36000, and climb higher from there.
It is possible that the orange degree wave 2 could still be in development, and may produce an expanding flat. In that case, we would expect the price to drop just below this invalidation level, to around 36000, and climb higher from there.
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