I am expecting completion of waves v and C (blue), as well as wave 2 (black) within this coming week. After the completion of those waves, I am predicting that the market will begin a very strong descent.
When I think the very top of this bull market correction has been reached, I will post a new chart with my downside targets and anticipated socionomic changes. The highest I would expect to go in this last move upwards is 13,543. Moreover, given the complexity of wave iv (blue), this last wave v (blue) of C (blue), should unravel in a fairly neat 5- wave zig-zag.
-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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