123Tom's TA study group

[123tom]

I might start rebuying around 3.70, depends on what it all looks like, as you say. 4.30 is the next target upside. 3.80 and 3.90 are support steps in play. an Elliott ABC downwave pullback is ok, if it makes one more dip down to test 3.70 that's the pattern I look for. but we get no guarantees for anything to be that easy. The bullish pattern has this reverse head and shoulder zone support (3.60-3.90) If it would become bullish, that zone should hold now. but so far, off the 4.19 peak, a harsh plunge already to hit 3.82. would we get another one from 4.00/3.90 down to ??? 3.60-3.50? 3.65/3.70? bargain shopping again.