Expect gap down and significantly lower based on very bearish futures in PM. C wave beginning- soon. It might be very strong b/c it's a combo of primary ABC from Feb cycle and an intermediate ABC coming off the June swoon, both waves terminating at this juncture. Possible low target zone 23531 at Nov/Dec 2017 support. Good luck!
As always, this is not investment advice and all comments are only intended for education and amusement. Good luck!
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Did trade lower then rally to near the previous day's high and the PM selloff. Day chart virtually same appearance as 8/21. Expect one more rally attempt 8/23.
On the 2 hour chart we have shooting star, hanging man and another shooting star in failure trying to cross the daily pivot. Bearish for the immediate future.