The rally from dec 2018 to may 2019 has been a wave X OR WAVE 1 .I have stated this since may 2018 .I see the market in a final 5 wave based on the 4 year cycle which came in late in dec 2018 and not my oct 10 to 20 low date 2018 similar to the 1998 and 1962 charts .I SEE THE MARKET IN A DIAGONAL WAVE STRUCTURE AND WE ARE AT THE END OF WAVE C OF 3 NOW .I LOOK FOR A SHARP DROP BACK TO .236 TO MAX .382 FROM JUNE LOW OVER THE NEXT 21 TD .BEST OF TRADES