The trend lines presented clearly associate potential fluctuations with defined stability levels -- outlining a primary-base, secondary base level & sub-base trend -- allowing for a closer analysis for future momentum.
Analysis by STUDIO VIVE Ltd.
Just my predictions after watching 4-5 traders predictions, I feel that it can go two ways. Both bullish, but I think the timeframe is going to take longer than others who are predicting it. But, be patient!
My current high probability bounce zone is somewhere in the box. I'm using box-entry as an eyes-on trigger. I don't intend to open a long position until I see a wave 1 candidate materialise in that zone (see bottom left for the previous)..
Justification for box bounds:
(i) Intersection of base and deceleration channels
(ii) wave A-B length parity confluence
So, using the DMI indicator on daily .... noticed that the red line is very rarely on the bottom. Every time it goes low it seems to confirm the overall trend direction when the blue line crosses with the orange.....
Watch out for the 3rd of October! Full year from bull run confirmation, coincidence perhaps?
So currently blue line looking down so trend is...