Ladies and gentlemen,
we realized we left some of you on the land, so we are back to give you the last opportunity to hop in.
Once we launched, you will not see us again for a long time.
Hope you join us.
The Cycle Wave 5 top (and Supercycle Wave 1 top) was most probably on the week of the 14th of May 2018 (please reffer to related idea).
NYSE:VALE now seems to be on an Intermediate Wave C which is part of the Cycle Wave A down.
If this count is correct we should still expect Intermediate waves B and C.
Only after Cycle Wave C, the last part of Supercycle Wave 2, ...
Firstly, the big picture.
Now, I believe that VALE has become a long again. But maybe there is a need to split the entry. I can't be sure if there will be a healthy correction for a good entry and thus my suggestion is to enter 1/2 the intended size and if VALE falls, enter the 2nd half; if it burst up strongly, enter on ...
-new local maximum confirms bullish trend
-to complete extension of wave 5 it have to go to an objective of 15.8
-with a "5 extended" and searching the top of the channel duplicate the objectives will extend to 17.85/24 range