Noodling through the data and the corrective wave model just does not seem to fit quite right. Every time it approaches a standard fib level for a correction it just keeps going higher and higher. It is now past any models that I have seen published.
I tried laying out a motive wave on it and the following chart is what I got. I just not sure what to believe. Even for a motive wave this is crazy levels. Is it the FOMO, the Fed, or what? Bubble for sure, but how long before it pops.
I tried laying out a motive wave on it and the following chart is what I got. I just not sure what to believe. Even for a motive wave this is crazy levels. Is it the FOMO, the Fed, or what? Bubble for sure, but how long before it pops.
