First Look: 2022-10-20
The shallow retrace value at 3675.75 held and the effort to try to break lower before the open failed. What now? I’m a little skeptical of a wave ii being set but a possibility that I will have to keep in mind. For now, I’m going to assume a [B] wave up in progress. First target for [B] is at 3744.50, with higher targets at 3758.25 and 3776.50.