Bullish Potential

If the above double zigzag WXY is the end of larger degree wave (2) or (B), a wave (3) or (C) rally should appear very soon.

Note

• equality in length between wave X and Y
  
• recent low near 61.8% Fibonacci level
  
• break above 609.21 could signal further upside potential at least for the short-term
  

Commentaire:

A new low came up today, we need to reconsider the overall pattern

Commentaire:

maybe this is a triple zigzag WXYXZ, no immediate bullish potential