sm.e

Details explained on the chart. (It looks overloaded, but zoom in for more detail on wave counts) I expect wave 3 to finish somewhere around 210. Not below 200. Price should break below 200 during wave 5, but not before.

Details explained on the chart. Don't take this as trading advice. Comments and suggestions are welcome.

Wave 1 (subdivided in 5 subwaves) has ended at 231. We will have a wave iii of 3 of C (C is a third wave) so we should have massive volume, price could go really low. Now we should get a small retracement before wave 3 begins.

Potential head and shoulders pattern forming on daily chart. Lets see how it develops..

Details explained on the chart. Don't take this as trading advice, as it's just my analysis. Feel free to comment.

After a clear 5-wave move on the downside, a retracement between 38.2% and 61.8% is expected. RSI and price action show some divergence so I would be closing shorts and wait for the retracement to happen. *This is not a recommendation to buy or sell. Trade under your own responsibility*