My alternate count (not shown) is that 101 did NOT finish wave 4, but is instead a C wave, followed by an X ( double 3 ensuing). It was the apparent appearance of the sub minuette 3 (*1*) that made this my (current) preferred count. If this prefered count is correct, another 3 move up should come soon. If it does NOT, I will make the alternate my preferred.
To be fair, I am already questioning the price movement after the *2* at 104. It looks suspiciously more like a corrective move than an impulse.
Either way, we are in a 5 wave up. The 8 week bear seems dead. I will update this chart from time to time, as my count changes with new information.
To be fair, I am already questioning the price movement after the *2* at 104. It looks suspiciously more like a corrective move than an impulse.
Either way, we are in a 5 wave up. The 8 week bear seems dead. I will update this chart from time to time, as my count changes with new information.
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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.