Today's perspective and how to distinguish between impulsive and corrective Full audio: Today's perspective: The upward trend continues, currently reaching 122,000, with the upper (imaginary) range being 130,000-150,000. This means there is still a possibility of continuing to rise to 130,000 before transitioning into a consolidation phase. Image summary: Identifying impulsive and corrective upward movements (driven vs. correction) Impulsive upward movements have no significant overlap between candlesticks, generally following a pattern of up - sideways - up - sideways. Corrective upward movements show significant overlap between candlesticks, appearing in a zigzag pattern with a series of convoluted upward lows. Impulsive tends to consolidate after rising to the next range. Corrective tends to retest all lows after rising.