The NYSE Composite is close to initiating a long and intensive corrective C-wave. The A-B-C pattern indicated on the chart refers to a correction of a 100+ years of "continuous" (on average) rising trend covering waves (I) 1929, (II) 1932, (III) 1966, (IV) 1974 and (V) 2007.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.