ED forming, 2 ways to count it though. This could be wave 5 or the more likely outcome is we could see one more pullback for 4 then one more zigzag that should take us past ATH to complete an expanded flat for this large B wave, then should go down in a C wave.
By the way, this is exactly what i predicted was going to happen in my earlier post that I linked except I'm not sure why I closed it prematurely.
By the way, this is exactly what i predicted was going to happen in my earlier post that I linked except I'm not sure why I closed it prematurely.
Yorum:
There is an alternate count which is a WXYXZ pattern which I outlined in a previous post. With that count, the B wave would be finishing this week.