Three possible trend lines provides three possible wave {iv}. Wave 5 top based on 1.618 extension equals $2910. A popular alternate top is $3,000. Another possibility is that Wave 5 top is already in. 1.618 extension is normal but not essential.
הערה:
Of the three possibilities, this is the most favored count. It allows for a intermediate wave b bounce for an oversold condition from last week's selling and took into consideration the two most recent trend supports.
הערה:
