Wave 4 on as per drawing.
Up trend intact until Wave 4 is broke.
Healthy correction as will give a chance to buy at lower levels to ride wave 5, when it occurs.
Look for stocks in Green next couple of days
As you can see , this count is for US30Y currently on a monthly basis
As of now a possibility of wave (iii) of wave 3 is to occur for a target 2.939
This count will be valid only if 1.780 is held whether wave 3 is extended or not
As seen on the screen .
Weekly chart has the looks of a triangle forming coupled with higher lows as shown by the various cups drawn on the weekly chart
On the daily chart a cup and handle formation has formed where the handle has broken and is now resisting at 27 being the top of cup and the resistance of the triangle .
If a significant breakout doesnt occur...
As seen on chart Wave 2 is taken from 34850 showing the beginning of Wave 3
Assuming Wave 3 is being extended its final 1.618 target is 38603
Sub Wave iii is currently over @ 37085
As shown Wave iv could be over @ a 0.236 retrace where Wave v would finish at 0.618 @ 37650
If Wave iv continues its max retrace is at 0.5 levels @ 36240 levels making wave v min...
As Seen on chart is the weekly wave count of SBICard
Wave 3 will occur once its close is above the triangle for a Wave 3 target of1550 levels
Wave 4 should retrace to a maximum of 1240 levels
Wave 5 Target of 1640 levels
AMD Finaaly broke the box after a long consolidation with a very bullish candle which is also supported by volume
Box height is $20 therefore first target @ 110 levels
On weekly a possible flag formation can also be seen adding another $25 from first target making final target @ 145 levels
As on 28-07-2021
Wave 0 = 390
Wave 1 = 771
Wave 2 = 606.1
Wave 3 (currently as high is not taken out) = 1515
Wave 4 Max Possibility = 1050 as 0.5 retrace
Wave 5 Min Target = 1613
If Wave 4 retraces to 0.618 there are chances of double top