CLSK / 3h

CLSK
According to the bearish alternative in my weekly frame(not posted!), I'd analyzed the rising wave since April 7 as an A-B-C zigzag formation in correction of the Intermediate degree wave (B) <<. Not shown in this 3h-frame.

Wave Analysis >> As depicted in the 3h-frame above, the Minor degree wave C of the countertrend advance in wave (B) may thoroughly develop in an ending diagonal, which remains in its very late stage; a final advance in Minute degree wave v(circled) has begun its way up today to conclude the ending diagonal wave C of the entire correction of wave (B).

Trend Analysis >> After completion of the possible ending diagonal as Minor degree wave C, the trend will soon turn downward in an ultimate decline in Intermediate degree wave (C), which will likely last until the end of the year!!

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