You have at least 2 tops in the previous 2 cases and break under the following lows which mark the major support level :) We marked the first top so we should wait for lower top and lower low :) Btw you waves are incorrect :)
Im thinking that's the Fed's plan from the jump ma lady...Spur asset prices to 1.61 ext, then hopefully, the market and real economy will catch equity markets at or around the highs of 07 top. This wouldn't negate the bullish runup so far, with the hope that the theory of 'escape velocity' is valid.
very interesting but for me it is still too early, perhaps in October. Accomplice the war resumed in ukraina and Russian military intervention.
I hope not, but I think that with the beginning of October we see a deeper correction