While I have recently become too busy to map out an entire count, my rough estimate is placing the markets near the end of their upward correction. As a result I am expecting very strong negative movement across all the major indices very soon. The last time I attempted to call the top of a correction such as this I was off in terms of amplitude. While that is possible again this time, I think the wave structure is now in its motive form and overthrowing "b" waves as was the case through the winter of this year should not surprise the 5-wave count. I will post more as I find the time.
-W
This purpose of this blog is to document my own education in the study of Social Mass Systems and Behavioral Finance. Please read the disclaimer below. THE PREDICTIONS AND ASSESSMENTS MADE ON THIS BLOG ARE FOR EDUCATIONAL PURPOSES ONLY. DO NOT TRADE OR RELY ON THESE FORECASTS OR ASSESSMENTS. NOTHING POSTED ON THIS BLOG CONSTITUTES FINANCIAL ADVICE AND ALL INFORMATION IS POSTED SOLELY FOR EDUCATIONAL AND ARCHIVAL PURPOSES.
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