A quick update from the last post linked below.
I am labelling the rally from the wave ((ii)) low to 41225 as wave ((iii)) which has unfolded in five waves labelled wave (i) to (v).
The current correction is for wave ((iv)) to be followed by wave ((v)) to complete wave C of (5).
Unless we see capitulation, I will use this count as the preferred count.
I am labelling the rally from the wave ((ii)) low to 41225 as wave ((iii)) which has unfolded in five waves labelled wave (i) to (v).
The current correction is for wave ((iv)) to be followed by wave ((v)) to complete wave C of (5).
Unless we see capitulation, I will use this count as the preferred count.
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.