The peak on the 25th is wave B in an expanding flat. Within the wave B there is a wave C and it tends to thrust into the end of its form. That's why wave B's are considered to be fake's, as in fake rallies when the move is an upward move. That's the manipulative move you're calling due to it occurring right after the market closed. Price moved upwards for an hour in wave C that ended proregressive(upward correction) wave B. Furthermore, in time wave 3 is 1.618% of wave one, but the 1.618% came in on the 25th, not on the wave 3 orthodox peak on the 21st, but peak in price before a substantial correction into wave 4 should occur. This is not a coincidence my friend!
Currently Wave 1 in regressive wave C is complete and now in proregressive wave 2 in wave C. I believe regressive wave 4 will be an expanded flat and currently in wave C since the peak of expanded wave B on the 25th, and could end at approx- $20,360.
Wave 4 could potentially end approx- Jan 31. Wave 3 in wave C should be a harsh downward thrust, In my humble opinion! All the best!
@keno1989, proregressive(upward correction) wave 2 correction peaked on the hourly at 15:00 EST at $23,500ish. You'll notice the wick(sell off/blow off) if you check. From that point regressive wave 1 in regressive wave 3 within regressive wave C has printed, you can check that on the 1 to 15 minute time frame. I'm waiting for the low at around $22,540ish to be taken out before posting a chart. All the best!
Currently Wave 1 in regressive wave C is complete and now in proregressive wave 2 in wave C. I believe regressive wave 4 will be an expanded flat and currently in wave C since the peak of expanded wave B on the 25th, and could end at approx- $20,360.
Wave 4 could potentially end approx- Jan 31. Wave 3 in wave C should be a harsh downward thrust, In my humble opinion! All the best!