THE LAST PRS IDEA UPDATE 8.
HERE WE GO:
First, replay update #4 so we are on the same page:
So we didn't take the direct move up, but we are still going up in a very dragged out manner. Please understand that it won't be a straight gradual line. Update #4, was a rough guesstimate of what what would happen in that situation. It will head along that curve, but up and down and up and down. What usually happens next here is a run at 2000 which will fail with a mini double top. After that, there's another step down to 1900 again before the next rally. On this timeline, the major high should fall around March-April 2021.
First, replay update #4 so we are on the same page:
So we didn't take the direct move up, but we are still going up in a very dragged out manner. Please understand that it won't be a straight gradual line. Update #4, was a rough guesstimate of what what would happen in that situation. It will head along that curve, but up and down and up and down. What usually happens next here is a run at 2000 which will fail with a mini double top. After that, there's another step down to 1900 again before the next rally. On this timeline, the major high should fall around March-April 2021.
Comment:
Rough Draft through February: