Look out below!
The story is that the new COVID19 strain discovered in the UK is la raison du jour.
The 5 day cycle projection is so far in the rear view mirror I can’t see it (3650). The 2-3 day cycle projection is 3590.
It has crashed out of the sharpest downtrend channel.
The dippers will buy this at some point, and no doubt we’ll see a tremendous rebound… at some point.
But it’s definitely a warning shot across the bow.
Click to engorge.
For the big picture:
(Hmmm… maybe not. 😨)
