Guiding Fundametals - US new and existing home sales have proven to be weak this week.
TA
1 - Elliot waves 1-5 are now complete
2. The blue upward trendline is broken - Wave 5 broken the blue upward trendline. A rally off 23.6% fib support couldn't quite get back to the last daily swing high
3. Price is now completing wave A
Enter now to the next support zone and wait for the retracement at Wave B before selling. Or simply enter your sell from wave B
TA
1 - Elliot waves 1-5 are now complete
2. The blue upward trendline is broken - Wave 5 broken the blue upward trendline. A rally off 23.6% fib support couldn't quite get back to the last daily swing high
3. Price is now completing wave A
Enter now to the next support zone and wait for the retracement at Wave B before selling. Or simply enter your sell from wave B
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