7. Output.

Since it is established that the market will not form the third phase of correction, our double zigzag (388.11-89.59) is a completed figure. Therefore, the market will not form a new local minimum. That is, it will not fall below the level of 89.59. Here is our forecast. The downward movement on Sberbank (#SBER) is completed.

It is known that the market moves exclusively in two directions: down or up. Since it is established that the market has completed the downward movement, so far it will move only in the upward direction.