Minor revision of upper targets for the cycle
Just want to make a small adjustment to my upper targets from what I had said on my July 26th chart of around 125k, to take it a little above that to around 135k, somewhere around there.
The base channel of wave 5 is significant all the way back to the early days, and seems to show the lower boundary of the bottom of each macro sell off. Whether that holds on the next decline or not no one knows, but it seems like a good guide. Will it sell off? Probably, but again, no one can say for sure.
The base channel of wave 5 is significant all the way back to the early days, and seems to show the lower boundary of the bottom of each macro sell off. Whether that holds on the next decline or not no one knows, but it seems like a good guide. Will it sell off? Probably, but again, no one can say for sure.
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