Im sorry ive barely had time to do analysis these past few months but im looking to get back into this more now.
The graphs illustrated are assuming P3 is under way. The DJIA count shows as the first 5 waves down complete to complete wave 1 of 5 of 1 of P3. im expecting a rally towards 50% to 61.8% of Wave 1 in the form of a zigzag. There is a danger we get a 79% retrace as there is a wave 4 of lesser degree there too.
In the short term Wave A of the zigzag is complete. A 50% retrace of Wave A for Wave B would take it near wave 4 of lesser degree at around low 10000s. Will see if this pans out tomorrow
If the markets stay as volatile as they have been in the past few weeks, expect wild swings both ways, looks very toppy the charts just as when P1 started
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