Off to a great start with price making HH, and resetting again.
SEN: Bullish
ST: UP
PA: UP
R: Aug 1
Note: As I have mentioned before, although we have had HH, and continuous resets. It is prudent to see that a loss of momentum is occurring. while we are less than 2 pts. away from our target of 2180, I would not rule out higher prices, but at this point we could just move higher but reverse hard. EW could be pointing at this as a 5th sub wave of a larger degree 5th. Ultimately Aug. should be a cautionary month as well. Don't forget that last months bar did not show a reversal candle, so it is quite possible that a top is still in progress.
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