The answer to the question leads to many different trades like long metals. LH-LL formation can be seen on daily charts. This week should make it clear.
This is 13th month for hindcopper in this downturn. I'll be keenly watching now as downturn seems to be getting over.
Tata Steel is in wave 2 correction on monthly timeframe. 50% retracement is around 900. Metal story is still not over.
EW marking on Nifty 50 quarterly chart since the year 2003. We are in wave 5 as per current marking.
Ultra long-term wave count of SPX 500. We are reaching wave 5 of a ~90-year cycle. The bust after this can be quite serious if this wave count is correct.
This is a very long-term wave count of DJI. If this wave count holds true, then DJI is about to complete a 5 wave up movement that started in 1932. Once it finishes, a 78% retracement can bring DJI to ~8000 odd levels. What will it do to other global markets can be left to anyone's imagination?