Wave 4 down (starting on May 2) of WAVE 5 up (starting at March lows) may be a small flat, or Wave 5 up of WAVE 5 truncated. The sudden selloff from today's highs is a textbook motive wave. The markets could go either way.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.