From a chartist standpoint, all I can see is a nice looking turn that just formed which may be the end of a classic correction and continuation of the downtrend. The shape is not quite perfect and suggests there is still a possibility it could be an extra sharp turn at the end of a 3 of C to form only a 4 of C. But the timing of this news suggests it is more likely this really is the turn. And if it is not I can show you exactly how to manage the trade if this is NOT the end of the correction and what would signal that. I will show that today in our live session today if you are interested.
