Wave Characteristics.[Wave 2]
Correction of first leg of bull move.
Fundamentals still mostly negative.
Drop seen as resumption of bear trend.
But, volume weaker on drop.
In futures, open interest falls.
Most sentiment surveys still bearish.
Wave Characteristics.[Wave 2]
Correction of first leg of bull move.
Fundamentals still mostly negative.
Drop seen as resumption of bear trend.
But, volume weaker on drop.
In futures, open interest falls.
Most sentiment surveys still bearish.
