Important Wave Count (5)
(I haven't pretended to make this posh)
It seems clear from the triangle it's currently moving up to a new multiyear high, from a wave (iv).
Whatever this does could be THE most important wave count in the markets right now, because it relates to the wave count in the Yen crosses, the USDJPY esp. and so to the dollar, and the stock markets and so on ...
Wave 5 - characterised by a protracted surge. The S&P makes me laugh, on the weekly it looks near completely vertical.
It seems clear from the triangle it's currently moving up to a new multiyear high, from a wave (iv).
Whatever this does could be THE most important wave count in the markets right now, because it relates to the wave count in the Yen crosses, the USDJPY esp. and so to the dollar, and the stock markets and so on ...
Wave 5 - characterised by a protracted surge. The S&P makes me laugh, on the weekly it looks near completely vertical.
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