4th Wave Triangle Appears Complete, Now In 5th Wave Thrust Down
See linked previous postings below for background information
Assuming wave "e" of triangular 4th wave peaked at 1968.4. Clear motive wave structure has developed so far down to 1940.6 . A 1st wave could be counted as complete here. From this level, there could be a rally to partially retrace back up (a 2nd wave), then a staggered resumption of an impulsive decline toward 1840 or lower, based on the 4th wave triangle's thrust measurement.
Assuming wave "e" of triangular 4th wave peaked at 1968.4. Clear motive wave structure has developed so far down to 1940.6 . A 1st wave could be counted as complete here. From this level, there could be a rally to partially retrace back up (a 2nd wave), then a staggered resumption of an impulsive decline toward 1840 or lower, based on the 4th wave triangle's thrust measurement.
