03 September Tuesday View

Just wondering, if 30909 (USD 1281.00) to 34195 (USD 1418.19) is a wave 3, then it's retracements are 28.6 - 33420 (USD 1386.05), 38.2 - 32940 (USD 1366.14), 50 - 32552 (USD 1350.05), 61.8 - 32164 (USD 1333.96) and 31625 (USD 1311.16), that would be wave 4, and after completion of this wave we may see Wave 5 extension. Which one of these levels will hold and push the price further up, if there is any upside move left and if this labeling is effective. We've got to wait and see how market reacts with fundamentals, like Syrian tension for right now.