EW update:
There are 3 Fibonacci projections that point to $135 in the near term. It would take a move back above $160 and then $180 to begin to shift the momentum back to the bulls instead. A strike of the $135 area followed by a rebound would seem to cement further the potential Red path and perhaps even target $200 in a corrective bounce for 4.
There are 3 Fibonacci projections that point to $135 in the near term. It would take a move back above $160 and then $180 to begin to shift the momentum back to the bulls instead. A strike of the $135 area followed by a rebound would seem to cement further the potential Red path and perhaps even target $200 in a corrective bounce for 4.