My vision for eliot waves for current monthly cycle and subcycles.
Comment:
+ MACD looks like 27.012014, coincidence? i dont think so...
Comment:
Update to my previous comment, defintly we ended 2 years cycle, but from qustion "we are in wave 4 or 5" depends depth of curent corection. Weekly macd crossing always histoically started long bear market. Based on time analysis i dont see potencioal for more growth before reaching 7,5 k (or even 4 k). Only posibility is to close curent cycle and start new one.
Trade active:
So we are on ride to 3500 :(
