But, I will note a couple of things:
- We remain below a bearish wedge and seem to backtesting it once again now, from beneath, and
- If this is a nest of ones and twos (in of at least orange and then now green degrees), we have retraced to an appropriate place for green 2 to stop (the 50-61.8% retracement of the prior decline—the orange box we’re in now).
Note: When articles are first published, most of them are made available only to my Patreon supporters (I do try to publish some public posts on occasion). Over time (usually after a period of a few weeks or so), I make all of the work public. To gain access to my work when it is produced (or to join my Discord chatroom), please consider becoming a patron. Note that there is a 7-day free trial period. More information may be found on my About page and on my Patreon page.