Thanks for sharing your idea. What kind of downward pattern could follow after a zigzag correction? Because I am of the opinion that we could walk as low as 7900 the next days.
user100000
⋅
@rmaubach, our next cycle low could be around march 19 so we can expect some sort of low by then. other than that it's clear sailing to mid february at least (25K - 30K is what im expecting for wave 5)
user100000
⋅
@user100000, after a zigzag (or any pattern) correction the market resumes its previous trend