Overview: we started the week with the expectation that we extend lower in wave (III) of a of Z and with the daily updates, we could predict the price action accurately.
Update: I need to do a bit of relabeling to my update of September 1st. In that update, I believed that we have completed waves (A) and (B) of 3 of c of (III) and should start leg (C). With the price action of Friday that crossed the 4018.25 high, I think we actually completed wave (A) of 3 of c of (III), then a brief pullback for wave (B) of 3 of c of (III) and extending lower to complete wave 3 of c of (III) of a of Z follows. A potential target for the completion of wave 3 of c of (III) can be the 3750 area.
There is an alternate count that shows wave a of Z complete, which I think is of a very low probability, and we should know by Tuesday noon if that is actually playing out. For now, let's focus on the primary count.
Update: I need to do a bit of relabeling to my update of September 1st. In that update, I believed that we have completed waves (A) and (B) of 3 of c of (III) and should start leg (C). With the price action of Friday that crossed the 4018.25 high, I think we actually completed wave (A) of 3 of c of (III), then a brief pullback for wave (B) of 3 of c of (III) and extending lower to complete wave 3 of c of (III) of a of Z follows. A potential target for the completion of wave 3 of c of (III) can be the 3750 area.
There is an alternate count that shows wave a of Z complete, which I think is of a very low probability, and we should know by Tuesday noon if that is actually playing out. For now, let's focus on the primary count.
관련 발행물
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.