We have the left shoulder, the head, and heading down to the right shoulder neckline right now. An alternative wave count to my previous posting allows 12345 to finish down to the neck line forming a sub ABC, then the right shoulder should form on that wave B up. Then if we measure from the head to the neckline and extrapolate the measured move we are pointing toward 3000. This alternate could also be valid because the entire 2022 correction has been a WXYXZ with smaller ABCs on each leg of the WXYXZ, and the final Z move would target the bottom trend line while having a nicely structured ABC of its own. I could add another layer of complexity with some Fib levels which would further validate all of this structure.
I am not calling any timing or exact levels, I am just pointing out the pattern and that we are going to new lows.
Good Luck
I am not calling any timing or exact levels, I am just pointing out the pattern and that we are going to new lows.
Good Luck
