STI is tracing minor wave 3 of intermediate wave C of primary wave E of a contracting triangle . When the minor fifth wave finishes its path, the index should shoot up in a long term trend move.
Note
We updated the wave counts as the end of the triangle ended earlier than we forecasted. STI is now tracing minute wave 3 of minor wave 1 up. Look at the most recent postDisclaimer
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.