SUMMARY
First, you don't want to miss this video, especially the last 1/3 where I introduce the BIG Picture Elliott Waves and price discernment on a much longer term and scale.
The chart below has updated Elliott Waves. The white wave iii could be in and thus the correction now ensues. HOwever, to better visualize, a zoom out is needed.
Teh below 1hr chart shows how the current correction could retrace to $7,200 or so before rising towards white wave (v).
Here is a longer term chart that ties in the Elliott Wave sub waves and the higher destinations:
The video takes through the analysis alot better with more details and scope. Also, I introduce the Big Picture Elliott Waves with much longer time horizons. You'll want to see this.
Please review these Tutorials on Laddering! and Buy/Sell Setups!
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Legal Mumbo Jumbo: This is only my opinion, make of it what you wish. What does this mean? It means it's not advice nor recommendation to either buy or sell anything! It's only meant for use as informative or entertainment purposes.**