What I had labeled as a new one wave down was in fact the wave four correction within the larger Upwards C wave pattern. My call for a critical fall is still on and this current upwards wave should not grow in amplitude beyond the spread of wave 3 ( labels on my previous chart as waves 3 through 5. I will post a new chart likely tomorrow evening to account for this mistake.
Best,
Warren
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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