The Cycle Wave 5 top (and Supercycle Wave 1 top) was most probably on the week of the 14th of May 2018 (please reffer to related idea). NYSE:VALE now seems to be on an Intermediate Wave C which is part of the Cycle Wave A down. If this count is correct we should still expect Intermediate waves B and C. Only after Cycle Wave C, the last part of Supercycle Wave 2, should we see the hallowed Supercycle Wave 3. \o/ Best idea for now is to step aside from the stock and wait for signs Supercycle Wave 3 is around the corner...