12 March 2021

Sideways Correction

Minor Wave iii (red) did not go as high as expected. It lost momentum and topped out. The STI is now forming Minor Wave iv (red). Wave fours are typically sideways corrections. There is likely to be more sideways movement before Minor Wave v (red) starts, as shown in the chart. The end of Minor Wave v (red) will mark the end of Subwave iii (brown).

Previous    Archive     Next