This is as good as any wave count of DJT. As you can see the 5th wave is extended, and in the 5th wave, the iiird wave is the extended one. If we go by having completed wave iv of 5 just now then we should have one more rally to complete wave v of 5. The DJT is the best index to count waves imo.
I'm looking for the VIX to rally with CV stocks but this hasn't happened yet so with this wavecount there is still a possibility. This could also coincide with a possible 2nd wave of CV during fall/winter.
I'm looking for the VIX to rally with CV stocks but this hasn't happened yet so with this wavecount there is still a possibility. This could also coincide with a possible 2nd wave of CV during fall/winter.
Comment:
incredible this has actually played out. DJT is diverging from SPX which is also incredible usually DJT tops first and SPX last
Comment:
this just tells me there is sector rotation going on to maintain semblance of a bull market
