This move since March is a stretched out Zig Zag wave v of and ending diagonal.
If you haven't seen the bigger picture I have linked it down below in related ideas.
As this markets grinds away trying to produce the final Wave v since 2009 I can see that there is a Wave (C) of Wave D of Wave (B) in Progress.
I expect the current move to fizzle out around 30,800.
Personally I wouldn't touch this market with a ten foot pole at this stage but I still like tracking the waves.
The good news is that we are getting closer and closer to the end of this ridiculously corrective pattern, should be done by 31st December 2020.
After this move completes we should see a pullback in Wave E of Wave (B).
Trading the final (C) wave of wave v should be interesting.
Please LIKE and FOLLOW to get notification of updates and future posts.
If you haven't seen the bigger picture I have linked it down below in related ideas.
As this markets grinds away trying to produce the final Wave v since 2009 I can see that there is a Wave (C) of Wave D of Wave (B) in Progress.
I expect the current move to fizzle out around 30,800.
Personally I wouldn't touch this market with a ten foot pole at this stage but I still like tracking the waves.
The good news is that we are getting closer and closer to the end of this ridiculously corrective pattern, should be done by 31st December 2020.
After this move completes we should see a pullback in Wave E of Wave (B).
Trading the final (C) wave of wave v should be interesting.
Please LIKE and FOLLOW to get notification of updates and future posts.
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