Achintel

Achintel

Time scale: 4 hours. Status: SMI is turning down against the 2/20/20 highs at 11270 - where the intermediary wave (C) is favored ended a cycle up in wave Y (circled) from the 12/27/18 lows at 8138.56 - where the wave X (circled) has printed a bottom correcting the cycle up from the 2/11/16 lows at 7425.1 (not shown) - where the daily right side is up. Trading...

Achintel

Copper may correct higher towards 2.60. Either the wave 4 or a larger rebound in wave B may be expected.

Achintel

DJIA in wave 4, outlook bullish in wave 5