Overview: Today we finally broke the Jun 16th low. This is what I was expecting for months, in fact let's check my ES review of June 17th: "What comes next is another wave X and then the third zigzag, Z to the actual market bottom."
In this whole time, we were strictly on the same higher-level count, only doing minor changes to the structure of subwaves as they developed.
let's review the expectations of yesterday's update:
This morning I updated the count, expecting us to go lower as wave 5 of a of (III).

Update: the price action followed our revised expectations of this morning (the general structure was a bit different than I considered yesterday). Looking into the 15-min chart, I think we are in wave (A) of 5 of a of (III).

Potential target for wave a of (III) bottom?
* Based on fib ratios for wave 5 of a of (III): 3550-3595
In this whole time, we were strictly on the same higher-level count, only doing minor changes to the structure of subwaves as they developed.
let's review the expectations of yesterday's update:
- Wave 4 completed as a flat, then we went lower to complete waves a (purple) and b (purple) of 5 (cyan) of (C) (yellow) of 3 (light green) of a (red) of (III).
- What follows is wave c of 5 to complete wave 3 (light green).
This morning I updated the count, expecting us to go lower as wave 5 of a of (III).
Update: the price action followed our revised expectations of this morning (the general structure was a bit different than I considered yesterday). Looking into the 15-min chart, I think we are in wave (A) of 5 of a of (III).
Potential target for wave a of (III) bottom?
* Based on fib ratios for wave 5 of a of (III): 3550-3595
관련 발행물
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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.
