Elliott waves at short, medium and long term.

At this time, as you know, I considerate wave B finished at long term.

At medium term wave c of B finished with truncation (yes I'm still hate truncations) and wave C is underway.

So (again) at long and medium term the bears are in control.

At short term wave i of (a) of C finished and wave ii is underway. This wave can be strong and will be the last hope for the bull.

Read more...