continuation of previous idea on longer time frame.
old idea is taking much longer than expected so the chart there looks like a mess.
this chart looks cleaner and has same targets.
this is a price projection only.
time is variable and boxes maybe shifted left and right.
since we have a lot of 4th waves involved, time could take longer than expected.
overall trend is up, but no huge moves in either direction are projected.
this forecast becomes invalid below 218.31 (green wave i)
old idea is taking much longer than expected so the chart there looks like a mess.
this chart looks cleaner and has same targets.
this is a price projection only.
time is variable and boxes maybe shifted left and right.
since we have a lot of 4th waves involved, time could take longer than expected.
overall trend is up, but no huge moves in either direction are projected.
this forecast becomes invalid below 218.31 (green wave i)
Comment:
next stop is UP around 230
Comment:
3 of 5 is finished target met.
next we have two options. favored option is we drop back into green IV . overbought indicators favor this outcome.
alternative is breakout straight to green 5 which is less likely.
next we have two options. favored option is we drop back into green IV . overbought indicators favor this outcome.
alternative is breakout straight to green 5 which is less likely.
