We could be in the presence of a series of nested 1-2 getting ready to explode big time...
This would fit well into the leading diagonal count I'm proposing for Primary wave 1 (green), which would then target at least 2800 for its respective fifth wave, so let's round it to 3000 for the end of the bull market.
For now, in Subminuette degree (light blue), I count the decline since the all time high as a double zigzag representing a shallow retracement for a wave two, therefore probably uncompleted, so I'm expecting an expanded flat correction, and if so, we would now get three waves up for wave b (making a new high) and then a downward impulse to complete Subminuette wave ii. After that, sky rocket explosion...
This would fit well into the leading diagonal count I'm proposing for Primary wave 1 (green), which would then target at least 2800 for its respective fifth wave, so let's round it to 3000 for the end of the bull market.
For now, in Subminuette degree (light blue), I count the decline since the all time high as a double zigzag representing a shallow retracement for a wave two, therefore probably uncompleted, so I'm expecting an expanded flat correction, and if so, we would now get three waves up for wave b (making a new high) and then a downward impulse to complete Subminuette wave ii. After that, sky rocket explosion...
