Technically speaking we put in a new low a wave 3
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Posted On: 03/08/2021 10:20:08 AM
Technically speaking we put in a new low a wave 3 of 5 of a 5th and final wave down( sub waves ) what I hope is the final wave of this downtrend ..... So one of two things im looking for
We should see some kind of bounce followed by another move to the downside to complete this 5 wave series .... It would be expected that they next push down would put in a lower low .... However sometimes it will stop short of that and reverse on the final wave .... We would need some sort of news to spin this in a positive reaction around that time frame .... So if we dont get it .. All bets are off ... And we are probably looking at something else entirely. Imo
Feel free to chime in if I missed something ...@ anyone
We should see some kind of bounce followed by another move to the downside to complete this 5 wave series .... It would be expected that they next push down would put in a lower low .... However sometimes it will stop short of that and reverse on the final wave .... We would need some sort of news to spin this in a positive reaction around that time frame .... So if we dont get it .. All bets are off ... And we are probably looking at something else entirely. Imo
Feel free to chime in if I missed something ...@ anyone
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