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US30 has been labeled within a Grand Super-Cycle degree wave V (blue), which has been unfolding ever since the 2009 bottom, when the Recession ended.
Structure - Bullish Impulse
2009 lows and up until Apr 2010 highs - Super-Cycle (I) (green)
Apr 2010 highs and down July 2010 lows - Super-Cycle (II) (green)
July 2010 lows and all the way up until Oct 2018 extreme - Super-Cycle (III) (green)
Oct 2018 extreme and sharp drops until Dec 2018 - Super-Cycle (IV) (green)
Super-Cycle (V) (green)
Pattern - Reversal Motive Wave
Sequence - 5-Wave Sequence within an Ending Diagonal
Current Position
Cycle Wave I (black)
Next expected swing
Bearish sequence in Cycle Wave II (black)
Market Crash Forecast
Support granted at or around the 25000.00 mark and then a huge rally towards the 28500.00 levels, where Grand Super-Cycle V (blue) is expected to complete.
Super-Cycle Waves (A)(B)(C) (red) would reflect the next Larger Degree Recession.
Structure change
Breach of the 25000.00 levels could lead towards a prolonged corrective structure and a Market Crash already starting.