MY Long-term Elliott Wave count expectation for OTHERS dominance
There is a diagonal structure in the larger picture, forming in a 3-3-3-3-3 pattern.
I believe the C wave of the larger Wave 4 correction is currently unfolding.
The macro C correction is also forming an ending diagonal with a 5-3-5-3-5 structure.
We are currently in the 5th wave of the final 5-wave impulse. Within this 5th wave, there is another 5-wave sub-impulse unfolding. I believe we are now inside the 5th wave of that sub-impulse as well. This wave is expected to complete a final 5-wave structure and drive the price down toward my target level of around 6% dominance. I anticipate this structure to be completed approximately by May 20. After that, the macro 5th wave should begin, which is likely to signal a strong upward movement.
I believe the C wave of the larger Wave 4 correction is currently unfolding.
The macro C correction is also forming an ending diagonal with a 5-3-5-3-5 structure.
We are currently in the 5th wave of the final 5-wave impulse. Within this 5th wave, there is another 5-wave sub-impulse unfolding. I believe we are now inside the 5th wave of that sub-impulse as well. This wave is expected to complete a final 5-wave structure and drive the price down toward my target level of around 6% dominance. I anticipate this structure to be completed approximately by May 20. After that, the macro 5th wave should begin, which is likely to signal a strong upward movement.
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