Chart does the technicals. Two forecasts to consider. Either the completion of a huge wave 4 on the weekly! This itself supposes the long drag up to a wave 5 completion of a multi-year super cycle high. if so this would be the first move up...... we can expect the long drop thereafter... it's a long way down from a monthly parabolic.
The second option is the grinding play out of a wave 4 still in control. I am in favor of this count to see a lower high fall over the next weeks to create a firm foundation for the final push.
The second option is the grinding play out of a wave 4 still in control. I am in favor of this count to see a lower high fall over the next weeks to create a firm foundation for the final push.