Overview: we started the week with the expectation that we extend lower in wave (III) of a of Z and with the daily updates, we could predict the price action accurately.
Update: I need to do a bit of relabeling to my update of September 1st. In that update, I believed that we have completed waves (A) and (B) of 3 of c of (III) and should start leg (C). With the price action of Friday that crossed the 4018.25 high, I think we actually completed wave (A) of 3 of c of (III), then a brief pullback for wave (B) of 3 of c of (III) and extending lower to complete wave 3 of c of (III) of a of Z follows. A potential target for the completion of wave 3 of c of (III) can be the 3750 area.
There is an alternate count that shows wave a of Z complete, which I think is of a very low probability, and we should know by Tuesday noon if that is actually playing out. For now, let's focus on the primary count.
Update: I need to do a bit of relabeling to my update of September 1st. In that update, I believed that we have completed waves (A) and (B) of 3 of c of (III) and should start leg (C). With the price action of Friday that crossed the 4018.25 high, I think we actually completed wave (A) of 3 of c of (III), then a brief pullback for wave (B) of 3 of c of (III) and extending lower to complete wave 3 of c of (III) of a of Z follows. A potential target for the completion of wave 3 of c of (III) can be the 3750 area.
There is an alternate count that shows wave a of Z complete, which I think is of a very low probability, and we should know by Tuesday noon if that is actually playing out. For now, let's focus on the primary count.
Bài đăng liên quan
Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.
Bài đăng liên quan
Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.