Figuring out where we are can help us better understand where we are going.
Right now I've mapped out 2 possible scenarios:
1. Red Line - Shows we are ending Elliott wave 5 and the ABC correction wave is coming
or
2. Green Line - Shows we are mid way through Elliott wave 3 and we have a long way to go
What are your thoughts and why?
Here is a zoomed in image of my chart:
Right now I've mapped out 2 possible scenarios:
1. Red Line - Shows we are ending Elliott wave 5 and the ABC correction wave is coming
or
2. Green Line - Shows we are mid way through Elliott wave 3 and we have a long way to go
What are your thoughts and why?
Here is a zoomed in image of my chart: