The primary expectation is that wave X has finished and that we are doing an ABC pattern down as wave Y. We see two equally valid scenarios. Firstly, we might have finished wave Y as an ABC. Secondly, so far we only finished wave ((a)) and wave ((b)), wave ((c)) is still coming.
The primary expectation is now that wave ((b)) is finished and that we are doing wave ((c)). It looks like we are working on the fifth wave of wave ((c)). We are in the areas from where we can expect a reversal. If the reversal is not coming, we will focus on the secondary scenario.
It looks like wave W is finished and we can now see further downside as a wave X. It looks like wave X is missing two more swings to finish as a wxy structure.
As expected we are seeing further downside as a wave ((v)). There are some signs in favor of a reversal which means that the corrective WXY structure down can be finished. However, at this moment, we are still bearish in the daily and the weekly timeframe.
The NIKKEI is doing a wave (4) correction as a WXY. Currently, we are working on the Y leg as another wxy structure. We are in the areas from where we can reverse but the structure looks incomplete as two more swings are missing.
The primary expectation is that wave X has finished and that we are doing an ABC pattern down as wave Y. We see two equally valid scenarios. Firstly, we might have finished wave Y as an ABC. Secondly, wave (v) of wave ((c)) is still coming.
The primary expectation is that wave X has finished and that we are doing an ABC pattern down as wave Y. We see two equally valid scenarios. Firstly, we might have finished wave Y as an ABC. Secondly, so far we only finished wave ((a)) and waves ((b)) and ((c)) are still coming.
The primary expectation is now that wave ((b)) is finished and that we are doing wave ((c)). It looks like we are working on the fifth wave of wave ((c)).
As expected we are seeing further downside as a wave ((v)). There are some signs in favor of a reversal which means that the corrective WXY structure down can be finished. However, at this moment, we are still bearish in every timeframe.
The primary expectation is that wave (4) has finished after a WXY correction. However, we cannot exclude another corrective leg down if the wave Y low breaks.
For traders (lower timeframe): The primary expectation is that wave X has finished and that we are doing an ABC pattern down as wave Y. It looks like wave ((c)) is missing a fifth wave down. For investors (higher timeframe): In the higher timeframe, it looks like we are doing a wave (4) down which should be followed by a wave (5) up. Therefore, investors could...
For traders (lower timeframe): The primary expectation is now that wave ((b)) is finished and that we are doing wave ((c)). It looks like wave ((c)) is still missing a fifth wave down. For investors (higher timeframe): In the higher timeframe, if it plays out, investors should wait for the completion of the expanded flat pullback. The wave (2) area (in red) is a...
For traders (lower timeframe): It looks like wave W is finished and we can now see further downside as a wave X. For investors (higher timeframe): In the higher timeframe, investors should wait till the higher degree WXY correction is finished.
For traders (lower timeframe) The higher degree correction in the DAX can be finished as we took out the wave (W) low. However, the main expectation is that we see some further downside as a wave ((v)). For investors (higher timeframe): In the higher timeframe, the higher level wave ((1)) is probably finished. There is also an alternative scenario where we can...
The primary expectation is that wave X has finished and that we are doing wave Y. Wave Y is unfolding as an ABC pattern.
The primary expectation is now that wave ((b)) is finished and that we are doing wave ((c)). Wave ((c)) should unfold as five waves.
As forecasted we saw more upside in the FTSE. We now reached areas from where we can start to reverse. We are looking for exhaustion signs to end wave A.
The higher degree correction in the DAX can be finished as we took out the wave (W) low. However, the main expectation is that we see some further downside.