There was a bearish wolfe wave setup that triggered on July 14 . The projected target is calculated by extending a linear line between pivot 1 and 4 and projecting the line. This is represented as the red perforated line, as shown in the chart. The projected target is approx $400 which is expected to reach this price target within 1 to 3 weeks. Projected targets are defined by identifying the apex of the wolfe wave and projecting a vertical line toward the green perforated projection tgt which is extending from left to right. Using the customizable gap finder indicator there are several unfilled gaps 440, 425, 409 and 395. Each gap filled should be levels to trim positions.
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