This holds true till 15430 is not taken out otherwise it will be fifth wave extension and can go to 16400.
Or can we consider new bull market starts for 5 waves than considering extension of wave 5 . Pl comments.
It means we should be ready to sell all our stocks ,because wave II on larger time frame on yearly cycle would be fast & may correct up to 61% or more.
Pl do confirm . I am now worried.
Also if you can post a chart on yearly cycle chart. Thanks & regards
Yes if we start wave II ,we should retrace 38.2-61.8%.