1) LTC is going on it’s ABC correction wave (5-3-5)
2) The wave A & B of the correction wave are completed and Wave C just started
3) Wave C is going to be a 5 wave series
4) I believe Wave C is going to end at 61.8% which is around $175-180
5) If we notice this is also exactly the end of the previous Wave 4
Summary
1) Bears still in control
2) LTC still in a correction phase and is correcting the whole 4 month 5 wave series
2) The wave A & B of the correction wave are completed and Wave C just started
3) Wave C is going to be a 5 wave series
4) I believe Wave C is going to end at 61.8% which is around $175-180
5) If we notice this is also exactly the end of the previous Wave 4
Summary
1) Bears still in control
2) LTC still in a correction phase and is correcting the whole 4 month 5 wave series