Overview: in the update of Oct. 14th, I saw three possible scenarios:
1) Wave c of (III),
2) Wave b of (III),
3) Wave b of Z of (B)
being under development.
In the update of yesterday, I saw scenario 1 being the most likely.
Update: with this price action, scenario 2 is ruled out. At the moment, I am putting 60% probability on scenario 3 and 40% on scenario 1, based on the wave structure and the fact that we have broken out of the downward trendline. 3820 is the invalidation point for scenario 1, until then and with the volatility expected from earning reports, I would consider both scenarios as being possible. Overall, even if the 3rd scenario becomes our main count I don't expect a huge rally.
1) Wave c of (III),
2) Wave b of (III),
3) Wave b of Z of (B)
being under development.
In the update of yesterday, I saw scenario 1 being the most likely.
Update: with this price action, scenario 2 is ruled out. At the moment, I am putting 60% probability on scenario 3 and 40% on scenario 1, based on the wave structure and the fact that we have broken out of the downward trendline. 3820 is the invalidation point for scenario 1, until then and with the volatility expected from earning reports, I would consider both scenarios as being possible. Overall, even if the 3rd scenario becomes our main count I don't expect a huge rally.
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.