The primary scenario is now calling for a triangle as a wave ((b)). We are still missing the (e) leg before we break down as a wave ((c)).
As forecasted we saw more upside in the FTSE. We now reached areas from where we can start to reverse. It looks like the upward ABC correction is mature.
The primary scenario (in green) is now calling for a triangle as a wave (X). We are still missing the E leg before we break down as a wave (Y). The secondary scenario (in red) assumes that wave (X) is in and that we can expect more downside as a wave (Y).
The primary expectation is now that we get an additional corrective leg as a wave (y). The wave (y) should end wave X. This move up should be followed by more downside as a wave Y.
The primary scenario is now calling for a triangle as a wave ((b)). We are still missing the (e) leg before we break down as a wave ((c)).
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 ((y)) and wave W.
The primary scenario (in green) is now calling for a triangle as a wave (X). We are still missing the E leg before we break down as a wave (Y). The secondary scenario (in red) assumes that wave (X) is in and that we can expect more downside as a wave (Y).
The primary expectation is now that we get an additional corrective leg as a wave (y). The wave (y) should end wave X. This move up should be followed by more downside as a wave Y.
The primary expectation is that we will go back into the wave ((b)) area to take out the previous high. That would mean we get an additional correction up as a wave ((b)). This move should be followed by further downside as a wave ((c)).
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 ((y)) and wave W.
The primary scenario (in green) is playing out and it looks like we finished wave (X). We can expect more downside as a wave (Y). The secondary scenario (in red) assumes more upside as a corrective wave B. That would mean we get an ABC flat correction instead of a WXY.
The primary expectation is now that we get an additional corrective leg as a wave (y). The wave (y) should end wave X. This move up should be followed by more downside as a wave Y.
The primary expectation is that we will go back into the wave ((b)) area to take out the previous high. That would mean we get an additional correction up as a wave ((b)). This move should be followed by further downside as a wave ((c)).
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 ((y)) and wave W.
The primary scenario (in green) is playing out and it looks like we finished wave (X). We can expect more downside as a wave (Y). The secondary scenario (in red) assumes more upside as a corrective wave B. That would mean we get an ABC flat correction instead of a WXY.
For traders (lower timeframe): The primary expectation is now that we get an additional corrective leg as a wave (y). The wave (y) should end wave X. This move up should be followed by more downside as a wave Y. 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....
For traders (lower timeframe): The primary expectation is now that we will go back into the wave ((b)) area to take out the previous high. That would mean we get an additional correction up as a wave ((b)). This move should be followed by further downside as a wave ((c)). For investors (higher timeframe): In the higher timeframe, investors should wait for the...
For traders (lower timeframe): 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 ((y)) and wave W. For investors (higher timeframe): In the higher timeframe, investors should wait till the higher degree WXY correction is finished.