(1) Watch for a 3-4 adjustment; the first sub-wave (or the entire adjustment) must not fall below 76600.
(2) The current segment coming from 76600 is tentatively viewed as a guiding wedge, which is undergoing a retracement. Only a retracement below 84500 may lead to a better upward movement; otherwise, it is regarded as a rebound.
(3) Guiding wedges generally tend to lead to failed upward movements; this segment is temporarily viewed as a rebound.
Note: The predictive calculations are for personal interest only and do not constitute trading advice.
