C of (D) seems to be complete as can be seen; five ways up. A 50% retracement of (D) is quite reasonable for the (E) wave.
Note, primary wave (circle) 4 and primary wave 2 seem to be of similar duration as shown on the chart
Note, primary wave (circle) 4 and primary wave 2 seem to be of similar duration as shown on the chart
Comment:
the (E) wave is close to completing its zigzag pattern. i believe we are at the final fifth sub wave of C looking at a 2H chart. we should either have a double bottom or dip a bit lower to 8183 or 8044 at that point primary wave 4 would be complete
Comment:
if the market takes out 9393 level then most likely it is the start of primary wave 5 to all time highs.