Addicted to Dip
I'll spare you disgusting dip pictures hahah
On the long term, this major 6+ month correction is coming to an end, however, it seems we're in for another dip before it's over:
We hit a regional low and came back up, and the market wasn't so confident. Look at the volume decreasing:
6 waves later, and we aren't seeing much progression. I'm not saying it's impossible to break out tonight/in the morning, but I think a dip will happen first to account for this loss of momentum.
Lastly, we can see a couple support bases that can be used as guidelines: