This is a second viewpoint in contrast to the one I posted a few days ago. The way the structure is looking on the weekly chart, it will not be a suprise that the market will go up before the longterm trend to the downside continues.
*NB: Should this play out then the 2nd leg will be an EXPANDING FLAT instead of a RUNNING FLAT which currently exists.
*NB: Should this play out then the 2nd leg will be an EXPANDING FLAT instead of a RUNNING FLAT which currently exists.