This chart combines all data since the beginning. It shows the Fib-extension for wave 3 in black.
This wave is not finished yet. The price failed by 225 points to reach its aim (mentioned on the left site - look Fib-extension).
Conclusion : Within the next few months the chart should form a new higher high. Than should start a downtrend for wave 4 in black to correct the distance of wave 3 in black by 23.8 percent minimum.
This wave is not finished yet. The price failed by 225 points to reach its aim (mentioned on the left site - look Fib-extension).
Conclusion : Within the next few months the chart should form a new higher high. Than should start a downtrend for wave 4 in black to correct the distance of wave 3 in black by 23.8 percent minimum.