Could be a complex correction of WXY's that make up the major waves ABC.
So we have completed major wave A and B. Now we are in the process of completing wave X which makes major wave C.
If I'm right we have already completed wave W and now on wave X of Major wave C.
This will take us to roughly $5.80 before we come crashing down to below $2 for the completion of C.
From there we can commence the impulse bull run that will eventually take us to about $18....But this is years away.
So we have completed major wave A and B. Now we are in the process of completing wave X which makes major wave C.
If I'm right we have already completed wave W and now on wave X of Major wave C.
This will take us to roughly $5.80 before we come crashing down to below $2 for the completion of C.
From there we can commence the impulse bull run that will eventually take us to about $18....But this is years away.