US500 in correction mode to downside
Assumed wave 4 incomplete.
Main simple scenario is to complete wave Y/4 (red path).
Another possibility if breakout 4595 then possible forming wave X (green) and move it down to complete wave 4.
If not braking out s key level above then it may create various correction before breakout 4221 further to the downside completing wave 4.
Main simple scenario is to complete wave Y/4 (red path).
Another possibility if breakout 4595 then possible forming wave X (green) and move it down to complete wave 4.
If not braking out s key level above then it may create various correction before breakout 4221 further to the downside completing wave 4.
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