Looking at 2 scenarios but leaning towards crash wave 3 of 3 being at bat or warming up and getting ready to step up to the plate. There’s an alternate count should the confluence of red lines fail to cap this rally and a horizontal white line in the sand indicted which if exceeded would force a change of view to this is a larger bear rally in play. We’re close to the markets showing us which way this will go.
Previous count invalidated, but if the current count holds true, it’s forecasting a 3 of a 3 wave in an extension. Meaning a crash isn’t far off now.
Previous count invalidated, but if the current count holds true, it’s forecasting a 3 of a 3 wave in an extension. Meaning a crash isn’t far off now.
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Disclaimer
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.