Triangle Correction - Expecting Wave D formation
After completing wave 5 late October of 2015 we begin to correct for the $63 high that was hit. The formation of a symmetric triangle seen in a bull market has a total of 5 waves each of which are subdivided into 3 further waves. It seems as though we should be completing wave C and initiating Wave D very soon. We should have a short downtrending Wave E which would complete the triangle and I expect a rally above out all last year high continuing the over all bull trend.
This is the first time I am posting so I would definitely love any feed back. Thank you and good luck!
This is the first time I am posting so I would definitely love any feed back. Thank you and good luck!
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