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SYR Charts, page-2465

  1. 4,167 Posts.
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    Sorry missed this.

    Yes it's been tracking well however on the smaller time frames we're starting to see some overlap in waves now which today showed up in a slightly deep consolidation in the AM session. Could see some further consolidation next wk which is to be expected considering how far it's run recently.

    This now goes in the auto pilot add on dips for some yrs to come.

    https://hotcopper.com.au/data/attachments/4819/4819509-6eeccd63bfec79aa947dbc247f28c876.jpg

    This is roughly what I expect to play out over the coming weeks. Waves aren't price marked, only to highlight price pattern.

    NOTE: after wave5 on the smaller degree that's only wave1 of wave3.

    If that plays out we should get the wave3/3 in Q2 2023 which might line up well with an improved macro backdrop.

    https://hotcopper.com.au/data/attachments/4819/4819549-36e90cf14a4e48d2b2281a9fbd61eaa4.jpg


    MK.
 
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