Stocks Analysis by Dr. Arnout ter Schure covering: . Read Dr. Arnout ter Schure 's latest article on Investing.com
to ideally $4270+/-10, respectively. The latter target zone is also where green W-c equals the length of green W-a, measured from the green W-b high. A typical c=a relationship. Moreover, it is also where the 76.40% extension of red W-i resides .") we found that our primary expectations for lower prices in a five-wave sequence came to fruition, albeit with the usual aberrations that cannot be foreseen.
However, yesterday's lower low renders that assessment incorrect, and instead, since the September 27 low, the market most likely went through a larger grey W-iv as an irregular expanded flat pattern: 3-3-5. It was a tricky pattern that certainly fooled us, but we figured it out, making us better going forward.Thus, we have now been able to assess where we went wrong, and based on that analysis, we find that the Bulls have one last chance to reach $4800, as long as $4100 is not breached.
" crowd. But that's a simplistic, naïve, and often amateurish mindset, as anyone who has experience in the stock markets knows that is impossible because financial markets are non-linear, complex environments.
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