We have the left shoulder, the head, and heading down to the right shoulder neckline right now. The right shoulder should form on a wave 4 up on this recent 12345 decline. Then if we measure from the head to the neckline and extrapolate the measured move we are pointing toward 3000. I am not calling any timing or exact levels, I am just pointing out the pattern and that we are going to new lows.
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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.