If my EW count is correct DJI is in the process of completing a wave 4 correction.
Wave 3 was 2.618 X wave 1 and the correction may close the gap to reach a.618 retrace
at the upper bold red line.
The lower bold red line is the .786 fib of the prior impulse which would be a possible
candidate for wave 5 and would close one of the other remaining downside gaps.
Good Luck
Wave 3 was 2.618 X wave 1 and the correction may close the gap to reach a.618 retrace
at the upper bold red line.
The lower bold red line is the .786 fib of the prior impulse which would be a possible
candidate for wave 5 and would close one of the other remaining downside gaps.
Good Luck