Apologies for the mess, but first I want to post the bigger picture and then I'll link to the smaller counts within. I have us currently going up in B of the larger wave 4 in a running flat. Multiple fib time frame point to this B upwave ending around 01/01/2020 in the range of 3,200-3,300.
Then we should start the C wave to go back down to the bottom of the running flat, which will then either start the major 5th wave, or could continue the correction in a D, which would make the ABC and ABCDE instead.
I don't really think there's a way to tell which is more likely at this point. We'll just have to keep an eye on the geopolitical tensions.
Obviously once things cool down and trade deals are accomplished, that would most likely signal the beginning of the 5th major wave.
Then we should start the C wave to go back down to the bottom of the running flat, which will then either start the major 5th wave, or could continue the correction in a D, which would make the ABC and ABCDE instead.
I don't really think there's a way to tell which is more likely at this point. We'll just have to keep an eye on the geopolitical tensions.
Obviously once things cool down and trade deals are accomplished, that would most likely signal the beginning of the 5th major wave.
