CNX METAL INDEX IS NEARING IT'S WAVE 5 OF IMPULSE.AS IT HAS TAKEN A FORM OF WXY CONVENTIONAL WAVE 5 TARGET'S ARE EXCEEDED.AS OF NOW WAVE Y OF WXY DOUBLE CORRECTION STRUCTURE IS NEARING IT'S 1:1 EXTENTION TARGET AREA.EXIT LONG'S BECAUSE COMING DAY'S MIGHT SHOW US DEEPER CORRECTION AS THIS TIME IT WILL BE CORRECTING ENTIRE 5 WAVE IMPULSE.
ALTHOUGH WAVE Y TARGET CAN BE STRETCHED TILL 123.6% TO 161.8% EXTENTION OF WAVE W,ONE SHOULD NOT HOPE FOR THIS SCENARIO FOR EXITING LONGS.
ALTHOUGH WAVE Y TARGET CAN BE STRETCHED TILL 123.6% TO 161.8% EXTENTION OF WAVE W,ONE SHOULD NOT HOPE FOR THIS SCENARIO FOR EXITING LONGS.