SUI - Flat Correction for Wave 4

٢٤ سبتمبر ٢٠٢٣

The downtrend should continue for a retest of 0.4185 low (yellow line). Key arguments:

• There is no RSI divergence on Sept. 11th low.
  
• There is a valid impulsive count for the downtrend (wave 4 respecting wave 1 -> purple line)
  
• Conditions are in place to consider a flat correction is finished (green abc).