Analysis: I will be watching XMY to validate the peak at 3 and then the turn at 4 to wave point 5. The FLOP (as in Texas Hold'em) has possibly shown us the first 3 points of the Elliot Wave.
As always, if the Turn at 4 looks good we will enter to cash out at the RIVER or wave point 5.
Summary:
Waiting on peak 3 value to be defined/validated and point 4 before further decision to invest.
Good luck and be blessed.
As always, if the Turn at 4 looks good we will enter to cash out at the RIVER or wave point 5.
Summary:
Waiting on peak 3 value to be defined/validated and point 4 before further decision to invest.
Good luck and be blessed.
I plan to take conservative profits in the 400 range and then look to re-buy once we see a retrace.