I believe that this year the saying "Sell in may and go away" won't work. We can see a very complex and time consuming correction. It is an irregular correction where wave (b) tops wave (a) (in red). The structure is 3-3-5. Wave (c) is unfolding and we can count 5 waves down. Wave 2 is very small and shallow. Wave 4 is again a complex correction. We should see a last wave 5 to complete wave (c) and after this wave is over we should see a strong impulse to 13000. The target for wave (c) is 200% of wave (a). The target for wave (5) is 50% or 61.8% of the distance of start of wave (1) to the endpoint of wave (3) added to the expected termination point of wave (4).
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.