Overview: let's review the key points of the update I published yesterday:
Update: wave 2 of c of (III) completed as a double zigzag and peaked at 4018.25, missing our potential target by a very small percentage.
I have no other option but to go into much lower-degree waves to show what I believe is developing in the market.
Right now, I believe we are in wave 3 (the light green label) of c of (III).
In the process of developing this wave 3 (the light green label), I think at this very moment, we are completing wave (iii) of c of 3 of (A) of 3 (the light green label).
Most of the time, I try not to make the analysis too complicated, but to be accurate on the prediction of this wave, I had to dive deeper.
- I believe today we formed wave 1 of c of (III).
- What is my target for wave 2 of c of (III)? 4028-4031.5
- I was expecting wave 2 of c of (III) developing as a double/triple zigzag.
Update: wave 2 of c of (III) completed as a double zigzag and peaked at 4018.25, missing our potential target by a very small percentage.
I have no other option but to go into much lower-degree waves to show what I believe is developing in the market.
Right now, I believe we are in wave 3 (the light green label) of c of (III).
In the process of developing this wave 3 (the light green label), I think at this very moment, we are completing wave (iii) of c of 3 of (A) of 3 (the light green label).
Most of the time, I try not to make the analysis too complicated, but to be accurate on the prediction of this wave, I had to dive deeper.
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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.