The 5th wave completed as a triangle, which confirmed our suspicion that the market actually peaked early in the 2000s and the rally since then has been an Elliott "B"-class wave. This will feed off of each successive lower point on the left side of the "mountain" to drive increasingly deeper and destructive thrusts downward.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.