STI Analysis -- the next peak and trough ? (68)

Continued from STI Analysis -- the next peak and trough ? (67)

STI-N
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 22nd May 2020.

The second possibility is denoted by the red labeling in which Intermediate wave ((b)) still a triangle pattern but the Minor wave (c) is trying to do a multiple zigzag pattern, another pretty common observation.  In this case, wave (c) could either be ended on 22nd May 2020 or some more downside before rebound to form the wave (d).  After wave (d) would be another drop wave (e) to finally complete the triangle.

No matter which case, Intermediate wave ((c)) yet to form meaning Primary wave 4 is not done yet.  Mid-term upside is there but don't be too happy as the down crashing Primary wave 5 will be await.

Above chart shows the time frame for each of the Primary wave for Cycle wave (C).  

Primary wave 1 from May 2018 till Oct 2018, 5 months 

Primary wave 2 from Oct 2018 till Jul 2019, 9 months

Primary wave 3 from Jul 2019 till Mar 2020, 8 months

Primary wave 4 which started in Mar 2020 is so far only 2 months into it and taking the duration of Primary wave 1 to 3 as a guideline, it is probably either half way or just completes 1/3 of it.  The stand that STI is in Intermediate wave ((b)) of Primary wave 4 pretty much inline with the time frame.  

For the case that Intermediate wave ((b)) has completed (the blue label) on 22nd May 2020 or just need another 1 or 2 more days will make the whole duration of Primary wave 4 even shorter that Primary wave 1.  It is not impossible but not absolute too.

For the case that Intermediate wave ((b)) still on going (the red label) meanings it probably take another 1 to 2 more months to complete.  Another 1 to 2 more months for Intermediate wave ((c)) will make duration of Primary wave 4 similar or more than Primary wave 1, a slightly more logical analysis.

Can Primary wave 4 extends into that kind of duration Primary wave 2 does -- 9 months ?  The answer can be a YES as this means the correction pattern of Primary wave 4 will be in the form of a combination, double-three the most common one.

Thus, patience still very much needed for the whole of SuperCycle wave ((2)) correction to be completed -- left Primary wave 4 and Primary wave 5.

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