


user100000
i believe this count makes most sense. it shows wave 3 of 3 extending and is composed of 5 waves. the target for wave 3 is 1.618 of wave 1 which is typical for wave 3s.
i believe wave 3 has ended. it's a little longer than wave 1. wave 3 should not be shortest wave. wave 5 might extend to make up for the short wave 3 wave 4 of 5 is in progress
wave 1 of 3 complete wave 2 of 3 is in progress. typical retrace 50-61.8%
i believe wave 2 is complete. the pattern seems to be a running zigzag because wave c didn't go above wave a and is shorter. means there is pressure to go down. early stages of wave 3
ending diagonal for wave c of 2 that's not correct.......... wave 1 should be longest wave wave 3 could be wave 1
things are moving along as expected. wave 1 of 5 completed recenty. the market spike is wave 2 in progress. typical 61.8% retracement of wave 1; could go higher or not. i've labeled where i think waves 3, 4, 5 will end. please ignore time. only focus on price levels
I feel this could be a high probability scenario within the next couple of weeks. Wave 4 is a triangle and wave e is also a triangle itself. Wave 5 only started a couple of days ago. If wave 1 equals wave 5 as is often the case, the target would be 232.62 for wave 5. That would be the end of the bear market. Wave 5 would not be truncated. Note: Wave 1 high at...
Earlier my wave 2 was invalidated by dropping below wave 1. I can only assume that wave 5 hasn't yet completed. I could not fit any count that made sense except an expanding diagonal for the final wave 5.
Leading diagonal for wave 1 of 3 seems to be complete with a truncated 5th wave. LDs are often deeply retraced as you can see. I'm not sure if the correction is "over". It will be obvious once wave 3 or 3 starts.
Leading diagonal in progress. Wave 1 is longest and 5 is shortest. I believe final c wave up remains to complete the diagonal pattern then some type of correction perhaps back to wave 4 level then resume uptrend