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<p>This is beautiful charting, thank you.

It addresses the question everyone is asking - do we get the usual wave 5 retrace to around the 0.618 or even the 0.5? (69-72.6k).

I currently think whatever level you want is going to be front run, but there's a good chance of getting the 0.382 because market makers are going to be incentivised to get the liquidations just under 74.9.

Subject to equities and black swans of course. If equities finally roll over and start dumping, then we might get the traditional fib levels, but price action since 20 August says take whatever dip you can get.</p>

This is beautiful charting, thank you.
It addresses the question everyone is asking - do we get the usual wave 5 retrace to around the 0.618 or even the 0.5? (69-72.6k).
I currently think whatever level you want is going to be front run, but there's a good chance of getting the 0.382 because market makers are going to be incentivised to get the liquidations just under 74.9.
Subject to equities and black swans of course. If equities finally roll over and start dumping, then we might get the tradi

This is beautiful charting, thank you. It addresses the question everyone is asking - do we get the usual wave 5 retrace to around the 0.618 or even the 0.5? (69-72.6k). I currently think whatever level you want is going to be front run, but there's a good chance of getting the 0.382 because market makers are going to be incentivised to get the liquidations just under 74.9. Subject to equities and black swans of course. If equities finally roll over and start dumping, then we might get the traditional fib levels, but price action since 20 August says take whatever dip you can get.

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