There is the return to the daily median line. Looking at the stochs however, there is an inking of another leg up coming. That does look a little like an irregular flat there with the new high today being the 'b' wave in the middle. I would not be surprised to see a 'surprise' move higher now. We shall see.....
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Disclaimer
Disclaimer: This blog should be read as a 'whiteboard' of my daily thoughts and ramblings and specifically not, in any way, advice to trade. My interpretation of the works of Gann, Goodman, Fibonacci, Elliott, Hurst et al; is entirely my own and should be read as such. Any opinions, news, research, analyses, prices, or other information contained in this report are provided as general market commentary, and does not constitute investment advice. I will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
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