After these 2 short days, we are in this situation. Now, we have 2 possible prediction:
1. The first prediction is that the market is always short and this is the forth wave of the impulse pattern. We can see a triangle and maybe this was the triangle of the third wave. So the actual movement is the fourth wave of the main impulse. I don't know because the last movement appears more like an impulse than a corrective pattern.
2. The second prediction is that this is the first move of the on coming bull movement.
So, we are waiting for confirmation...
1. The first prediction is that the market is always short and this is the forth wave of the impulse pattern. We can see a triangle and maybe this was the triangle of the third wave. So the actual movement is the fourth wave of the main impulse. I don't know because the last movement appears more like an impulse than a corrective pattern.
2. The second prediction is that this is the first move of the on coming bull movement.
So, we are waiting for confirmation...