this is an update on my last wave count
end of wave (b) is near
near support zone + MACD divergence
ABC is complete, in resistance zone, MACD divergence.
a bearish motive wave is expected
Bearish for the the time being
Seems like we are going to have a bearish impulse as wave c of C of
wave 3 is likely going to be extended
still in correction - for now we can expect a bearish impulse as wave 5 after the correction is complete.
major trend will be bearish for weeks
seems like an uptrend ...
seems like a wxy correction.
sell opportunity in hourly chart. El.W. analysis