For traders (lower timeframe):
It looks like wave W is finished and we can now see further downside as a wave X.
For investors (higher timeframe):
In the higher timeframe, investors should wait till the higher degree WXY correction is finished.
It looks like wave W is finished and we can now see further downside as a wave X.
For investors (higher timeframe):
In the higher timeframe, investors should wait till the higher degree WXY correction is finished.