Since last time the graph has started with the 4. wave, and I will say we're half away already. To pinpoint the next turning point I have added a reversed Gann fan that gives us wave 2 and 4 - Wave 2 is turning when it hits the arc, and the same prediction is used for wave 4. If we add the global Gan fan and Fib levels we get the next crossing point. The...
The stock market is starting to get some turbulence because of protectionism. If a big scale trade war kicks in I think the stock market will fall alot quickly. The chart also confirms this, using EW and FIB theory.
I think the stock market is overpriced and this simple FIB idea shows that TP has already been completed. The EW pattern also confirms this.
I think the stock market is overpriced and this simple FIB idea shows that TP has already been completed.