25 October 2024

Still Correcting

Indeed we saw Subwave c (brown) forming downwards, continuing the sideways move of Major Wave iv (blue). It is likely that Major Wave iv (blue) is not complete and could go further downwards. But it is possible that the correction is complete and Major Wave v (blue) will start to form, going upwards. Markets are getting nervous with high volatility as the US elections get nearer.

 

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