May 4th:
Bounce off 8600 Support ==> "Leg C" of ABCDE Triangle more likely
ABC Zig Zag correction would retrace to 8000-8200 (1.618 FIB) during a Wave 4 ABC Correction
Break series of Lower Highs to confirm "Leg D" of ABCDE Triangle
Target: 9000
Leg D: 9000 to 8600
Leg E: 8600 to Local High @ 9500
Bounce off 8600 Support ==> "Leg C" of ABCDE Triangle more likely
ABC Zig Zag correction would retrace to 8000-8200 (1.618 FIB) during a Wave 4 ABC Correction
Break series of Lower Highs to confirm "Leg D" of ABCDE Triangle
Target: 9000
Leg D: 9000 to 8600
Leg E: 8600 to Local High @ 9500