VIX: The sudden resignation of Trump's top Economic advisor Cohn
has spooked the market. He resigned after reports surfaced that he had lost the war on tariffs. Stock futures are down.
Комментарий:
Wave (iv) has encroached into wave (i). Count is invalidated.
Комментарий:
Sorry for the above inaccurate update. It is not so much that wave 4 has encroached into wave 1 per se. It is that wave ii has retraced more than 100% of wave i. That is a violation of the rules. So technically, wave ii should still be wave 4 correction which then encroached into wave 1, another violation.
