The Minor wave 4 end point will determine if Minor wave 5 (and Intermediate wave A) ends this week. This corrective wave has been tremendous, but possibly too fast. Minor wave 3 thus far has already broken above the preliminary estimates for the end of Intermediate wave A. The initial Intermediate wave A locations were based on the idea Primary wave 2 would last...
Rescaling Minor wave 1 to the top on June 30, and the low three days later as Minor wave 2 would put market in or near the end of Minor wave 3 up. Based on models ending in C53, Minor wave 3 could last 6 days, with second model agreement at 9 days, third agreement is back at 2 and 4 days. Least agreement is shared at 11, 13, 21, and 30 days. Today is day 9 and...
Looks like Minor wave 3 ended a tad shy of 4136 and a few days late, but still on track overall. Minor wave 4 should only last 2-3 days with the bottom likely occurring by Thursday at the latest. It is possible Minute wave A inside of Minor wave 4 was completed today. Models are pointing to the bottom around 4176 based on historical Minor wave data. Minute wave C...
