Wave2
LUNAUSD Trend and Wave AnalysisInitially, a drop is possible to complete wave 2.
This is not a buy or sell signal but a personal idea and analysis
Where Does The Index Go From HereThis is the plan based on the daily data tracking back to 1877 (my projected beginning of the Grand SuperCycle for you EW followers). Looking at a solid market top around the month of April 2022. I have charted the likely ups and downs to it. For now, looking at a near-term top around this Friday at noon which should begin a roughly 13-15 trading day drop of about 221 to 261 points. All other points are estimates for now.
I plan to update this path as we move through it. Wave 3 could provide great opportunities. After April 2022 will likely see many rough months, but have no fear as all-time highs will be back....eventually.