We shud be in a v bullish phase here, under e-wave this pull back shud be the A wave of the 4th wave dn of the 3 rd wave up…of the 1st wave up of 3 rd wave up.
In short up soon followed by another decline, then a strong rally, before we correct the whole move in Hui from 179 . Then we get a v strong up move.
That is the technical picture…what is worrying is the way the mkts have accepted the utter madness that NK is not a real threat…obviously that narrative suits the Rig and it is a v clear sign we are entering the mania phase in the SM…what will drive the PM’s now in a strong TA period ????
Cheers