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DislikedHi Uturn2, You need a 3-wave move down from the blue wave (ii). The first move down from the wave (ii) does appear to be a valid 5-wave move. It is a short wave a, but there is no rule to suggest that it must move below wave (i). The move down since June has provided very little pullback which makes it harder to see the wave structure at the higher wave degrees. {image}Ignored
DislikedDAX The yellow shaded area pullback was too deep to make any argument for an impulsive move up. So I think we are heading below 9200. The wave x was just over 85% which has been common in recent corrections. A deeper correction would also allow for a more appropriate wave (c). {image}Ignored
DislikedHi U2 I think the 66.6% is the obvious choice at 8930. That would allow a 76.4% projection to around 10250. There is also higher projection at 10500.Ignored
DislikedGOLD 15M Chart: 5 Waves Impulsive [down], now Correcting? Cheers, U2 {image}Ignored