Neo has reached it's lowest level (1.618 Fib vl) which means the last wave (C) of elliott waves has ended causing ending the bearish market of Neo
Moreover, price has break the down trend and closed above it, which gives the opportunity for Neo to move up and starting a new bearish market.
Moreover, price has break the down trend and closed above it, which gives the opportunity for Neo to move up and starting a new bearish market.