More Downside
The STI plunged sharply down this week. I expect that it will go further down before possibly recovering. Hopefully there is support at about 3090, shown by the green dotted line. The wave count might have to be revised by removing the labels for Subwaves i and ii (red) and moving the label for the end of Wave 2 (red) to where the label for ii (red) is, making the Wave 2 (red) to be a large correction lasting more than five months.