The senior wave degree is borrowed from the counting of the structure for and , which have a much longer history of quotations. The second slide shows how the correction, presumably the fourth wave of the βSupercycleβ degree, is taking place in most metals, and the commodity market as a whole.
Further, taking into account the fact that the upward wave from the orthodox top (IV) is a single zigzag, it is correct to make an assumption about the formation of the ending (V), within which wave III unfolds.
Wave ((A)) in the composition of III of (V) must also take the form of a . At least, the double zigzag that has passed from the end of wave II, in the context of the senior degree, can be interpreted as the first subdivision in its composition.
The first targets at 38.2% in wave (2) have been reached, the double zigzag W-X-Y of (2) looks complete. Growth is expected to resume by the intermediate wave (3), the minimum targets for which are to go beyond the top of wave (1).