Elliott Wave Update ~ 10 May 2022

The best count has today’s low as Minute [i] of 3 of (3). We have room for Minute [ii] bounce up. And then, Minute [iii] of 3 of (3) lower would be, in Elliott Wave theory, the harshest wave lower. The “third of a third”, in which the market “breaks” and panics to lower price ranges.

Still waiting for DJTA to make lower lows to confirm “DOW Theory” of lower prices to confirm the bear market lower.

King Dollar for now.