30 May 2025

Correction Continues

The STI has formed Subwave b (red) and appears to have started Subwave c (red) downwards. I expect Subwave c to dive very deeply from next week onwards. The Wave 5 which topped on 13 May marks the end of a Major Wave 1 and Subwaves a, b and c would form a corrective Major Wave 2. I have not entered these labels as the formation is not yet definitive. It should become clear either next week or the week after. You should be prepared to cash out when it becomes clear that the STI is making a substantial correction.

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