Continued from STI Analysis — the next peak and trough ? (67)
There was some interesting development over the week for STI as it led to 2 possibilities for the coming weeks
STI is in Intermediate wave ((b)) of Primary wave 4 of Cycle wave (C) of SuperCycle wave ((2)). However, based on performance so far, this could lead to 2 possible outcome for the Intermediate wave ((b)) in the coming weeks. The above chart shows the 2 possibilities.
From the movement, Intermediate wave ((b)) resembles a triangle pattern so far. The first possibility denoted by the blue labeling indicated that the triangle (a)-(b)-(c)-(d)-(e) could either come to an end on 22nd May 2020 or needs 1 or 2 more days to complete. The overshoot of wave (e) of the triangle is a pretty common observation (same for undershoot in the opposite direction) and that has happened on