I see 2 variants for further development.
Here variant 1: weekly
As long as the price stays below 3783.4 there are chances of more lows until the end of October with Target @3287.1.
Strong support is @3233.2.
In this concept it means that we still need to see the black wave 5 to complete the red (C) or 1.
If I am correct October will close below the blue dashed price mark, mathematically @3458.
It would need to turn bullish from below to reach the yearly high of 2023, which is very likely to be around 4674.1.
Here variant 1: weekly
As long as the price stays below 3783.4 there are chances of more lows until the end of October with Target @3287.1.
Strong support is @3233.2.
In this concept it means that we still need to see the black wave 5 to complete the red (C) or 1.
If I am correct October will close below the blue dashed price mark, mathematically @3458.
It would need to turn bullish from below to reach the yearly high of 2023, which is very likely to be around 4674.1.
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