While we are seeing some movement back down I am interested to hear your thoughts on a possible further retracement back to 55k zone before continuing up?
The Elliot Waves are in correct order however on the larger scale we are requiring a further 15-20% as around a 70% correction is required but only 55% was fulfilled.
This coincidently would put us back around the 55k region, which is an area I have mentioned previously as a potential dump target area.
What do you think guys, let me know your thoughts, dump before volatile pump or we continue chugging along upwards, I know which one I'd prefer..
The Elliot Waves are in correct order however on the larger scale we are requiring a further 15-20% as around a 70% correction is required but only 55% was fulfilled.
This coincidently would put us back around the 55k region, which is an area I have mentioned previously as a potential dump target area.
What do you think guys, let me know your thoughts, dump before volatile pump or we continue chugging along upwards, I know which one I'd prefer..
