Elliott Wave Update ~ 9 May 2023

3 counts on 1 chart. In the long run they all point to Intermediate (2). If it is finished, (2) has already peaked and has yet to confirm and the past few months has been handing off from strong hands to weak.

If not, we may be forming a long running contracting triangle and the final thrust will indicate exhaustion. Same results just a different price point for (2).

Or the 3rd option is we continue to hold up and rally just until the point of true global war phase I breaks out in or around 20-21 July.

I have no dog in this game. Just popcorn.