Wave-5 commencing!
Wave-4 played out as expected, with some nice profits. This is my projection for the next couple of weeks as wave-5 concludes this wave down. ADX is making the turn back to the selling side, while the SMI heads for the cross down. Wave-5 is confirmed by the Bullish divergence when the SMI fails to make a new low.
This is an analysis using the available data from tradingview. If there is older data out there, then please disregard my count.
This is an analysis using the available data from tradingview. If there is older data out there, then please disregard my count.
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