Wave Analysis >> 24% continuous decline, exceeding and closing the last week under the boundary line of the leading diagonal, all highly confirms that the correction in wave ii (circled) is quite well underway. It should be a relatively deep retracement and will take the coming few weeks.
The retracement target for wave (a) >> 7.93
The next target for wave (c) of ii(circled) >> 7.24
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.