100% retracement of wave A expected. Using the data from Wave A, this prediction can be made.
Comment:
Outcome:
Chart shows the two fib lines above Wave C was hit and was tested as resistance.
Wave C was incorrectly positioned.
Did not forsee a flat correction!
Chart shows the two fib lines above Wave C was hit and was tested as resistance.
Wave C was incorrectly positioned.
Did not forsee a flat correction!
Of course, depending on FED intervention and Gilead's optmisic views on remedisivir.