[top] If you wish to take a bullish or a bearish perspective, the most credible scenarios are the green 5 on the bullish side and the red 5 on the bearish side.
[next] The blue 3. Wave 4 down likely targets the election low around 2100.
[third] The blue 3*. Wave 4 down likely a triangle to alternate with wave 2. That the Apr-Oct advance is the complex leg of the potential triangle. The Feb/Apr low holds.
Regarding the short term - Chart 2 tracks a potential impulse down in progress, currently in wave 4-up. Chart 3 presents price action details in 2018 associated with the big picture tracking above. Dynamic support is around 2550 first, then 2490.
trung tâm đào tạo thanh nhạc trung tâm đào tạo thanh nhạc
ReplyDeleteSee Chart 3
ReplyDeleteI said about a mth ago one more possible rally then down.
The size of the past week's fall indicates trend reversal (not corrective action within a still continuing uptrend) as this is a larger degree wave than all previous corrections since Feb. The only question now if will it have countertrend rally, hold on side or fall over the next week or so.