Dont know if youve seen my SAVA chart. but FWIW, the first rally from 40 to 70 wasnt bad , and the pullback now to 50/47 is where it 'should hold' and bounce again, in my view. Who knows if it will make another good bounce, but IF the track pattern plays out as an ABC correction into a Fib target zone (70-80-90) area is that target zone I'm looking for. maybe 80 area. not a bad trade as a chance for those who wanted to get out at a major resistance target.
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