As discussed in the November update, The power of the bounce off W4 makes it highly likely that we are going to have an extreme W wave 5, which would deliver the usual Santa Rally with projected highs of 2030 mid to end of December as shown below.
We have not completed D1, which again is expected to be an extreme wave and will top on the W234 MLU, most likely this week around 2070 for a pause next week to retest support of the 2002Q3Q4MLU to make D2, and D3 should test M012MLU around 2200 near the end of November correcting to test support of the W234MLU for D4 making the final high for in December around 2330.
Confirmation of the extreme wave is the break of the W234MLU. Failure to break the MLU makes it highly probable that M3 is in once a new ATH is made.
As each line indicates support / resistance on its colour fractal wave scale and it takes too long to write them out manually I will no longer be taking them off as I can update more charts in that time!