The idea is 5-wave impulsive move followed by 3-wave correction, we may see another 5-wave sell off once the correction finish The rally since mid Feb this year looks like zigzag and it has retraced about 61.8% of the previous 5-wave drop
but there is no clear price evidence shows the c wave is complete
Komen
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the internal structure of the c c wave may follow either blue or yellow labels
Komen
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one more push to a new high to complete the c wave?