2 waves down completed in MHO, a third one don't know how low it will get. I missed the pattern for the second wave now i look at my charts i see it, but its all in hindsight. i am thinking a final wave is due and then could go long, may be after hours. will check back later.
good going, one last wave down is due but not sure how low it will go, for me next area i have marked is 46.76, not sure if that is too far of a stretch. anyways i will try to go long if situation so presents later.
Not a bad trade coming into the picture here tonight. Jumped in on a little down move. Short 2884.25, target 2875.00. I'll move my stop around depending on conditions.
Sold at 2882.75. Reversed and now long from 2883.50. 5 min bar presented a nice doji to stop the downward progression.