Wave A could go to 2000. Now we are in third one. Most strongest one.
There will be bounce but short lived one.
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1. We are done with wave 1 and 2 smaller degree of this biger wave 3. 2. Now we are going for wave 3 of 3 which sould be fastest and strongest one 3. wave on higher degree could finished litle bit lower and later than in chart 4. whole structure could be huge wave A correction which could last for months
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3* wave 3 on higher degree could finished litle bit lower and later than in chart
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Or we are going for wave 4 and than 5 towards 2000 or A/1 is over and we are going towards 2700-2800
I am out of short
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4 wave is over
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llmost certain we are heading for wave 5. Tartget at least 2000
does this end once wave 5 is done? Newbie when it comes to technical analysis. Trying to make sense of the craziness. Keep up the interesting work and thanks for the updates along the way.
vlalonca
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@bonecrusher7, not likely. It is likely that soon we will finished this wave down. After it we will have ABC up. MOve up should be up to 0.5 FIB retracement from ATH to low (2600-2700)
That whole wave will be or corrective wave B after which we will have faster and stronger wave C or wave 2 after we will have more pain down
Syst3mC
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Really nice work. We going to wave (4) friday and toward wave (5) next week. (just like your chart)