It seems like wave B is taking the form of a zigzag. If correct, the market should finish an upward impulse for wave ((a)) before wave ((b)) of B begins. Broadly, as shown on the two-day chart below, we’re likely going to have the rest of wave Y of ((X)), which might take a couple of months.


Get 30 Days FREE Trial
Professionally done-for-you daily Elliott Wave analysis.
Instant access - no credit card required