With our newest program online, we will relook at the market top from an hourly data viewpoint based on historical wave relationships. The first set will determine the expected behavior of Intermediate wave 5, and then Primary wave C will be examined. Current belief is the market is in Sub-Millennial wave 1, Grand Supercycle wave 5, Supercycle wave 2, Cycle wave...
Our newest system is online and in the Beta testing phase for forecasting waves. We will use this to project Minor wave 4 endpoints on an hourly chart.
Based on historical data, models for waves ending in BC54, are broken into the following quartile retracement levels: 10.12%, 32.79%, and 40.09%. Strongest model agreement for length points to Minor wave 4 lasting...
As projected yesterday, Intermediate wave 4 could be complete based on the early morning low on June 8. There is a slim chance Minor wave B inside of Intermediate wave 4 is the current location, but that will be invalidated if the index goes above 4300 tomorrow.
To recap. Intermediate wave 1 was 25 trading days and gained 360.62 points. Intermediate wave 2...
