It left it until the last possible moment to turn is what. I don't have a copy of the Elliott Wave Principle to hand, but I'm fairly sure that the pattern is invalidated if wave e goes beyond the high of wave c; the high on Friday was a mere 7bps from doing so, but then went on to paint a massive bearish engulfing candle.
I wouldn't be surprised to see this one gap down at the open tonight.
Now, That’s the Bomb!
38 minutes ago
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