To keep this as realistic as possible I have reverted back to the leading diagonal scenario where Wave 1 ended in May.
Since then it appears we have seen 2 complex Zig Zags for Waves A and B.
So it appears that we are seeing an expanded Wave 2 correction.
If this is the case then Red Wave B is almost complete and we should expect to see a sharp C Wave to the downside.
A short trade opportunity is ahead so we will keep an eye out for that.
For the bigger picture see the link below for the Birds Eye View idea.
Please LIKE and FOLLOW to get notification of updates and future posts.
Since then it appears we have seen 2 complex Zig Zags for Waves A and B.
So it appears that we are seeing an expanded Wave 2 correction.
If this is the case then Red Wave B is almost complete and we should expect to see a sharp C Wave to the downside.
A short trade opportunity is ahead so we will keep an eye out for that.
For the bigger picture see the link below for the Birds Eye View idea.
Please LIKE and FOLLOW to get notification of updates and future posts.
