jokenakrub7

jokenakrub7

Now start to go downtrend of w.C , IMO, C-failure ( no new low).

jokenakrub7

Waiting for breaking out and rejection to S/R zone area.

jokenakrub7

Revised waves, w.4 had completed in 08-20 (wrong count for including it in w.c of w.3) and follow by w.5 which completed in 09-03, now is downtrend running in big w.c which composed of 5 waves in green label as shown in graph.

jokenakrub7

last impulse w.5 be mindful on trading.

jokenakrub7

Then start to retrace to higher degree w.4...

jokenakrub7

wait for divergence at w.4 ending 38.2% retracement.

jokenakrub7

1/3 chance to down side will occur when go lower support level 27624 and drop to 40-50% retracement.

jokenakrub7

some range for short...

jokenakrub7

......

jokenakrub7

From alternation between blue w.2 & green w.a of blue w.3 pattern, first was expanded flat then following second will be c-failure or elongate flat.

jokenakrub7

1. green path show DJI running in red w.c already. 2. blue path show DJI running in dark blue w.4 or w.5 both show red w.b still not finished yet, and must be transfer positions of dark blue w.1,2,3&4 to new positions as straight blue arrows.

jokenakrub7

.....

jokenakrub7

....

jokenakrub7

Two way may be green or blue path...

jokenakrub7

w.2 correcting in expanded flat...

jokenakrub7

...

jokenakrub7

Change direction ...

jokenakrub7

Retracing to 76.4% level....