Idea of a major correction

2021年6月29日

Guys, here is the idea. Wave count is quite clear, autumn 2020's correction was definitely wave 2 after March crash. Since then we see 3 impulse waves with same structure - short first and fifth subwaves and long third. So after 4300-4310 we should see major correction (wave 4 since March), which will extend to 4080 maybe area. After that short fifth wave, which will target 4400-4600.