Metal has completed a cycle from 1270 and is showing a 3 wave decline from 1385. Therefore, as 1385 holds, we expect another push lower in 3 waves toward 1328 to complete wave (( b )) before metal turns higher again. We don’t like selling the metal into proposed swing lower as the initial decline from 1385 was corrective. Remember, only a 5 wave move from a significant high / low marks a trend change.
In order to see the mid-longer term view, why not take a FREE 14 day TRIAL
If your trading results don’t improve in the next 14 days, simply cancel recurring paypal payments and you will not be charged a cent.
Back