Ayu A Suryabudhi
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Welcome 93-94k.
There are still 3 downward waves that have not occurred because we are in a major corrective impulse C. C1 is done (95200)
C2 retraced up but turned out not to retrace high (very weak).
C3-C4-C5 have not come yet.
It seems there will be no chance for a reversal until the major wave C completes its 5 waves unless later the C4 retracement is high because the bulls are already fed up with the decline without pause.
We are still in the 2nd wave which is still in the making stage; if it extends, it could take a considerable amount of time.
There are still 3 downward waves that have not occurred because we are in a major corrective impulse C. C1 is done (95200)
C2 retraced up but turned out not to retrace high (very weak).
C3-C4-C5 have not come yet.
It seems there will be no chance for a reversal until the major wave C completes its 5 waves unless later the C4 retracement is high because the bulls are already fed up with the decline without pause.
We are still in the 2nd wave which is still in the making stage; if it extends, it could take a considerable amount of time.
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