From the opening high to the low of day was a very clear e-wave. The bounce looks like a zigzag. Note how close the ends of waves 1 and 4 in the wave 2c are. It shows momentum was slowing during the advance. Tomorrow should be down initially, whether as a larger zigzag or a wave 3 of 3.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.