Ok so can you translate for me according to the graph, what is the projected low?
Sorry, im not very good at interpreting an elliot wave graph.
The previous response was more applicable to the ALSI. For Steinhoff the 250c level is support and also the target for the local abc.
For the Steinhoff bull take this is minor wave (iii) where minute wave iii within minor wave (iii) is where the bull charges.
So far within this minor wave (iii) the indication is for 2 minute waves completed making the 3rd minute wave iii in progress.
And so the story goes and within this 3rd minute wave there is indicated 2 minuette waves and so this should be the commence of minuette wave III.
But keep on your toes because these writings are still fresh with wet ink.
There are always alternates and they can give clues as to the likelihood of their emergence.
The indicators may be fakes like CNN reporting and then for starters this could be an incomplete zigzag correction.
Taking cover is prescribed for those with conviction of the bigger picture and seeing the bottom here.
Edited by Snippit, 06 September 2018 - 02:36 PM.
