Sellers continue to confidently attack their opponents, which leads to an ever deeper rollback. So far, this is considered precisely as a corrective pullback caused by the development of wave [2] of an incipient upward impulse.

But in order for this assumption to be confirmed, a lead-in impulse wave is needed. It doesn’t look like it yet. For this reason, it is recommended to stay out of the market and watch developments from the outside.

Investment idea: flat.