Optimistic Correction - Time to Accumulate

Updated
Put all my thoughts on the chart:

  • Potential reversal area if the Gartley is completed.
  • What a complete WXY might look like. (I think the current Impluse down will belong to a higher degree ABC... zig zag?)
  • Looks like the cycles are on a 33 day rhythm. Mid-cycle in this current nearly completed impulse move.


Enjoy.
Note
Pls. ignore the ABC from March 28 to April 15. I think that is the 5-wave impulse leg of the ABC in wave X. It's not super clear, for sure.
Economic CyclesElliott WaveGartley

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