Chart says it all.
Bình luận:
Potentially ending bull run on a completed wave (an impulse wave 5, impulse sub-wave 5, or as part of a corrective wave B). Has an extended sub-wave 1, corroborated by sub-waves 3 + 5 = .618 length sub-wave 1.
Bình luận:
Purple fib measures from wave 3’s beginning to end to forecast wave 4’s correction.
Peak in 2008 is wave B of 2001’s correction. Wave B corrected more than 100% wave A.
I think wave 4 will happen much quicker and sharper than wave 2.
I think wave 5 will be sharp and happen quickly.