No one knows what will happen next.

Hoewer, here are my clues.

I thought we would see a Big Bow Wow, 3-7 days long and make a lower low then.

We ended up getting a Little Bow Wow, a 3x failure at Crack 4 / F1 (yellows).

My preferred route here would be a liquidity break up that is 1 or 2 days long max (93-110 pips up).

…before a lower low with a Big Bow Wow.

This is just a new Measuring leg. The Municipal channel would be an excellent place to go short.

Currently descending below the trendline at 1.0714.

There was a partial, a full discharge and a Point of No Return has printed as well. A serious stumbling block.

This looks like a support to me. Next weekly level down would be 1.0547.

We could touch the lower guard rail at 1.0715 or a bit beyond, but stay below the E9 (Green River) before turning back down.

The slower the move up would be, the lower this could tag on the downside. Probably a 3.5-4x stretch to set up the divergence.

This is Hump 2, there will be a Hump 3.

The level of interest yet again & rap references.

Weekly S3 is at 1.0527