The ferocity of 1st of the 5th suggests that retracement for 2nd would complete at 0.38 and hence should end at sub 5000 levels. Overall, the 5th seems to be ending at 6700+ levels.
Disclaimer - This analysis is for you (the reader) to critique and point out errors in judgement, and in the process, making us both learn more.
Disclaimer - This analysis is for you (the reader) to critique and point out errors in judgement, and in the process, making us both learn more.