As a result of the new all time high, AriasWave analysis suggests that this whole move up was a leading diagonal wave 1.
In Wave iii, Wave (C) looks weaker than Wave (A) which supports the Zig-Zag Wave iii theory.
Wave iii had the the most strength overall which is common for wave iii.
Wave v is weak compared to Wave iii and is also under the rising channel.
At this point I would be targeting the bottom of the rising channel before calling it a top.
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In Wave iii, Wave (C) looks weaker than Wave (A) which supports the Zig-Zag Wave iii theory.
Wave iii had the the most strength overall which is common for wave iii.
Wave v is weak compared to Wave iii and is also under the rising channel.
At this point I would be targeting the bottom of the rising channel before calling it a top.
Please LIKE and FOLLOW to get notification of updates and future posts.
