xjo new years party zoomba lounge, page-55

hi all.
4 hour.
if my wave count is correct on this 4 hour chart, we could be coming to the end of this present wave. my target for EW 5 is 3975.
i have daily fib support at 4012 and weekly fib support at 4017.
the big boys could be looking at taking out all the long stops under the last daily low of 3966 before any move to the up side.
for me shorting just above possible support is not in my trading plan.

1 hour chart.
this is just a update of the 1 hour i posted last week.
resistance at the strong fib resistance area of 4083,4082 was found. i was looking to see where support would be found after the hitting resistance but as of last week nil.
that to me confirms my wave count on the 4 hour is correct.

have a good one.

582