7,000 points loss possible

Updated
After a first downward wave and its correction, a second downward movement usually follows. This should ideally bring HANGSENG to 24,745 points. But we should not rise above the drawn red line from the last intermediate high at 31.800.
Note
snapshot
Note
I have two options packed into the chart. As before, another low could occur and then complete the abc formation. From this low there are the two options which are directed at the same time for at least approx. 2,000 points. On this route then the further course is to be examined and analyzed.
snapshot
Note
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Wave Analysis

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