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geraldelli

A Larger Correction Might Be Underway for VALE

VALE S.A. (NYSE:VALE)  
geraldelli  
NYSE:VALE   VALE S.A.
Elliott Wave Economic Cycles Fractal VALE VALE5 mining miningstocks brazil elliotwaveanalysis wavec wave3 supercycle
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elliottwaves economiccycle fractal vale vale5 mining miningstocks brazil elliotwaveanalysis wavec wave3 supercycle
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).
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, should we see the hallowed Supercycle Wave 3. \o/
Best idea for now is to step aside from the stock and wait for signs Supercycle Wave 3 is around the corner...

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