Right now we stand in wave 'e' red, of that triangle. and the alternate wave count views that 'e' wave as already complete! this inturn means that the down trend should take hold again shortly if it has not already done so. either way I think we are in for fireworks on this chart soon, and there is not a thing that the central bank and political class can do about it. the waves hold the power!
Posted in: Elliott Wave Analysis,
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