I Believe we are just about to start the 5th wave of the Elliot count.
This is a LOG Scale dating back 1 year starting from the Pump that happened May 2017 to the present day.
We are closing in on the descending wedge which should hopefully signal a break out. I dont believe this will be as big as the last pump, but theres still plenty of blue sky left in this run.
Im seeing a Top around $2.00-$3.00 near end of April early May followed by a steep correction and long consolidation that should last the entire summer into late fall early winter.
Then 2019 should begin the next market cycle there after.
Just my humble opinion... I could be wrong, but this is how i see the stellar cycle playing out
Feel free to add comments and give your feedback.
This is a LOG Scale dating back 1 year starting from the Pump that happened May 2017 to the present day.
We are closing in on the descending wedge which should hopefully signal a break out. I dont believe this will be as big as the last pump, but theres still plenty of blue sky left in this run.
Im seeing a Top around $2.00-$3.00 near end of April early May followed by a steep correction and long consolidation that should last the entire summer into late fall early winter.
Then 2019 should begin the next market cycle there after.
Just my humble opinion... I could be wrong, but this is how i see the stellar cycle playing out
Feel free to add comments and give your feedback.