<

ATM ELLIOTT WAVE | WAVE ANALYSIS

>

If Wave Three was at least a 1.618 Fibonacci extension of Wave One, expect Wave Five to extend relate to the length of  Wave One added to Wave Four.

If Wave Five is normal, the 1st  projection will equal the length  of Wave One added to Wave Four.

And  the 2nd  projection will equal 1.62 x the length  of Wave One added to Wave Four.

® Capital Markets Research | All Rights Reserved