Shares of the world's largest fast food chain McDonald's Corp. are trading around 286.00.

The probability of a decrease remains.

On the daily chart, the development of the third wave of the senior-degree wave 3 is presumably completed, and a downward correction is now developing as the fourth wave 4. On the 4-hour time frame, wave (A) of 4 is developing, already incorporating the third wave of lower degree 3 of (A). The local correction in the form of wave 4 of (A) has been completed, and wave 5 of (A) is now forming. If this scenario proves correct, the downward trend is expected to continue toward the 260.50–244.40 area, with the critical stop loss level for this scenario at 285.35.