How would it play out if that was the case... considering we are 10K away from that number.
If $114,000 is exceeded, then it would suggest the most popular EW count, i.e. wave-3 uptrend has been underway ever since the low of 05-AUG-2024.
Personally, would be surprised with this count since the wave-2 downtrend was quite shallow, and the beginnings of the supposed wave-3 uptrend is corrective waves, so still have doubts.
Thanks for the quick reply...
I was more wondering how you would see the entire EW cycle play out.... will we pull back from 114k and how far, are you still projecting a top of 379k for this cycle?