If 56547.64 holds as the low of this correction, my count has wave (1) and wave (2) of primary wave iii complete. If correct, I'd like to see wave iii get north of 127112.14. Perhaps we'll see some sort of catalyst, like Amazon.com accepting Bitcoin, to get the next phase of the bull market going.
The proposed wave (2) is shallow (between .236 and .382), but it was also shallow in the 2020-2021 bull market.
The proposed wave (2) is shallow (between .236 and .382), but it was also shallow in the 2020-2021 bull market.