Will the market REALLY give bulls a continuation from here to 1370 this week or NOT?
IMV, As a WAVE 1 we should see a FIBO level decline from the 704 pts gained from 666 to 1370
704 X 14.6% = 103pts takes it to 1267-- been there done that in wave 3
704 X 23.6% = 166pts ---------to 1204- could be next
Friday's high @1340 - 1204 = 136ts down from here
MORE NOW - 6:30pm on JULY 4th
|Chart is from Columbia1- Michael Eckert|
IMV, the NEXT 10 days have the right ENERGY to convert the long awaited "5"th wave as noted above