@EWexplorer you made a comment in another thread which caught my interest, Thought id put it here in charts/price thread....
"I believe we are in Super-cycle EW3 ... but given the markets these can always break down within a "blood on the street" phase and the EW purists will all bleat but if the markets break down should the Fed raises by 0.5 (April 28-29 meeting) watch for 12,000 on the Nasdaq"
The Eliot wave concept fascinates me. Does your above comment indicate that the current market breakdown can ruin any chance for the super cycle to be complete? Or will the wave resume once the "Blood on the street" ends? And what do you mean when you say the EW purist will bleat if Fed raises?
Been following yours and@OTG and @mcexplorer Eliot Wave charts. Are you having similar thoughts to mcexplorer now (more downside, possible1.8 SP)hence your break open the piggy bank comment?
https://hotcopper.com.au/threads/rac-charts-price-action.5499241/page-11345?post_id=60762083
https://hotcopper.com.au/threads/rac-charts-price-action.5499241/page-11347?post_id=60765517
Thx
HeyLine
RAC - Charts & Price Action, page-11422
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