Here is the latest wave 3 path downward
Updated
It is time again to map Intermediate wave 3 IF Intermediate wave 2 finally finished (again). Specific models point to a possible extension (pink lines) between 135.64% and 165.83% of Intermediate wave 1. Model durations could be 138, 147, 155, or 172 hours. While still specific, but slightly different wave relationship data is considered (light blue lines) next, this can be considered the more accurate dataset. Extension quartiles are 141.46%, 189.69%, and 306.68%. Strongest model agreement for duration is at 112 or 150 hours. Secondaries scatter at 70, 96, 147, 155, and 174 hours. The broader dataset points to quartile extensions of 141.46%, 180.03%, and 314.88%. Strongest model agreement on duration is 150 hours with secondary at 112 and 224. These secondaries are likely inaccurate as they are 1:1 wave 1 and 1:2 wave 1 to wave 3. Smaller waves tend to have these relationships, however, longer waves (112 hours for wave 1) do not. Third agreement is 168 hours. Fourth is scattered 134-138, and 172-174. This means the bottom could occur late in September around 4120.
The 5 wave structure down is a complete guess at not based on any data. The actual 5 wave structure will likely be crazier.
The 5 wave structure down is a complete guess at not based on any data. The actual 5 wave structure will likely be crazier.
Note
Updating potential durations for wave 3 IF the new end is the first hour of trading on August 24. Most specific models have a duration between 154-172 hours. Next set of slightly broader models have durations between 155-174, with strongest agreement at 168 hours. The final dataset of broader data has a possible duration between 152-174 hours with strongest also at 168 hours. Updated target bottom is in the final week of September between 4117-4197.
All forecasts are based on analysis of past behavior. Prior movements are not always indicative of future movement. Develop the theory, test the theory. Do your own research. Nothing in this analysis constitutes advice. YouTube For More. Good luck!!
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