Hyperwave Interpretation.

Using Tyler Jenks's Hyperwave, I drew out the phase 2, 3, 4. I used the trend line for the bullrun from Fall 2015 til May 2017 to draw a phase 2 line. I extended the phase 2 line and you can see that we have not yet breached it. It will be interesting to see if we breach it or bounce off it given we have broken the phase 3 line.