WBC is up 19.3% since we first highlighted it in our Feb 3 post!
Here is an updated shorter term chart projecting the rest of (5) of iii and then iv-v of 1 of the larger III. The wave 2 of III could easily cut WBC in half from the 180-210 projection for v of 1.
ROK is also making good progress, up ~8.5% so far. It could see a micro wave “ii” of (iii) back toward the 112.5-110 region but it is not needed.
JCI, the “laggard” of the trio, is ONLY up ~8.4% so far, but has a nested (coiled) 1-2-i-ii-i setup within the start of the (iii) and is ALSO about to trigger a monthly BB squeeze. It should “catch-up” and then some.
By Zachary Mannes, first published on ElliottWaveTrader.net.
