World Index Shows 5Th Wave Is Still MissingWorld Index ETF with ticker TSX:XWD has extended its rally for 261,8% Fibonacci retracement, which is ideal zone for wave 3, so current slow down can be just a higher degree ABC correction in wave 4. It’s now testing interesting and important textbook support at the former wave 4 swing low and 38,2% Fibonacci support area, from where we may see a bullish resumption for wave 5 this year. Invalidation level is at 90.
