Naspers (New York)

This weekly chart of Naspers (New York) presents the first Cycle of 5 Primary waves for this instrument and indicates that the Cycle-degree correction of C2 or II is potentially entering the C-leg.

The higher degree waves have a tendency to be conventional which also favors this possibility. An equal legs correction targets the point [4] quite precisely. The price needs to go below the first leg to confirm. A move to [4] could easily take a year, maybe more and typically have a parabolic series of diminishing waves. However, the world has long since been in the grip of an economic parlor game played out by a succession of increasingly inexperienced masters of arrogance with endless sideshows such as Punch & Judy (Xi and Donald) where the market is an audience of children.