How far are we going down?

1 de mai. de 2018

Here is my wave count updates. Seems like my bearish wave count was right all along. Damn it.
I believe we are on our wave C for the whole correction of wave 3.
My targets stand in the white boxes in the chart. My first target is reached.
If we bounce here around $8,800, it would be truncated wave C.

2 de mai. de 2018

Nota

Breaking it above $9,200 will invalidate this count.
Thus in a short term, before we go over $9,200, we are in correction.

2 de mai. de 2018

Nota

Being resisted by $9,200. If we break above, this wave count becomes invalidated.

2 de mai. de 2018

Nota

Inverse H&S Pattern