We're already at, and stuck, at the 50% retracement from 1290.
Mu's call of a double zig-zag, and my adding to it that the double zig-zag from 90 was just an A wave, coupled with this move showing a 1-2-3 in a 240, 120, and 60, it's time to consider we may have just started the C wave down.
I'm flat, but looking to get short to fill the gap after lunch. We'll drift down in the interim though. Don't let a good fill pass you by overlooking it as a result of bias. That sure would be a shame. :eek: