Continued from STI Analysis -- the next peak and trough ? (89)
This edition of the analysis shall focus solely on the positive scenario, STI -- ((3)) or ((5)) as there will be quite an amount of information needs to be documented. This is similar to the negative scenario so putting all down in a single edition will make the post too lengthy.
STI -- ((3)) or ((5)) Before begin, there is some correction needed to make in the previous analysis (STI Analysis -- the next peak and trough ? (88) ). In that analysis it was stated that the zigzag pattern from the rebound off 2,420.82 was the formation of a leading diagonal. Unfortunately, the concept is wrong regarding the leading diagonal. The correct concept for leading diagonal should be it appears in the 5th wave of the higher degree wave 1. Take the example if the...