Elliott Wave Update ~ 18 January 2023

Well for the past numerous sessions the primary bearish count has been hanging in there despite the 15-day breadth thrust event on the NYSE. Perhaps the computers tried to manipulate the market only for the benefit of allowing the globalists to pull their money out for profit before the big collapse.

If this is wave 3 of (3) down, I expect a negative breadth thrust event to follow thereby negating the positive event and then some. That would call for some serious downside surprise. The market has been in a lull for over a month or more.

Certainly, the volatility has been dampened. Here we are 2 nuclear superpowers in almost direct warfare with each other and no one really cares. It is beyond surreal.

I think that’s probably about to change.