It's all so clear leading up to the January 2018 high but that correction (as ever with EWT
) doesn't half spread some confusion (for me anyway). Did the correction finish at the 38.2 fib in February or did it finish in March with a truncated 5th for a C wave in a zigzag
. Or has the B wave of a protracted wave 4 just completed these last few weeks? I have no idea but have included all 3 possibilities into this chart. The is so much negativity and crash talk at the moment for stocks that I would be inclined to be bullish
but that's just me.