Yesterday's analysis was a real disaster, but how did we ...
How did we not foresee such a shift? Simple, because it has nothing to do with technical analysis, the retracement to 61.8 was quite plausible and statistically such a swing always leads to a restart.
What is happening? Technical analysis does not seem to work, in fact after the impulse of last week we would have expected something more convincing, but not.
We wait, we stay flat and focus on the S2 support levels, even if it seems impossible for us to get there.