Drop to Below Current Range ~3,100 Predicted by Bearish Triangle

8 дек. 2018 г.

As shown in the chart, if the triangle labeled B was wave B of a 2nd wave down, it fairly accurately predicted the current drop. A smaller bearish triangle may still be in the works to finish this decline to around 3,100. After wave C down, the decline should be finished and the trend should be up again. A subsequent 3rd wave up, if this is the case, should be spectacular.