$X May Produce a Significant Rally

$X came to the 61.8% retracement of its last move up to the tick into the close today. On my interpretation, it is poised for at least one more leg up to complete the structure from the March of 2020 lows.

If it has completed minor (green) one and 2, we may expect minor 3 to target the orange box over the next few months.


Leave a Reply

Your email address will not be published. Required fields are marked *