02/01/2025
What. A. Drop!
After reacting to the .382 retracement of this structure, ran 10$ before getting rejected and falling 16$.
If I take into account that the drop on Friday- Monday was pure manipulation, then I'm still looking for ONE MORE ATH before the corrections begins for the last 2 decades of uptrend in the market.
This move up from Monday went up in 3 waves making it seem like a correction before more upside.
I've reset the fib retracement to the extended structure. And we dropped right into, and under, the 50% retracement level.
Opening Monday above this level can be DIRECTLY BULLISH.
Please manage your risk.