Continued from STI Analysis -- the next peak and trough ? (26)
Since the correction which started end January 2018 has ended, STI shall be on the motive wave of the wave 3. Motive wave is not as complex and difficult to analyze as Corrective wave thus shall focus less on doing Elliott Wave count. Meanwhile, will be analyzing on the bigger picture of STI in Supercycle degree to get the wave count correct.
STI has a history dating back to 1966 but the data for those early days were very difficult to find. The earliest data which could be found is 1980 meaning from 1966 to 1979 it is impossible to perform any Elliott Wave count. In addition, the duration of 52 years (1966 to 2018) might not fit in 1 complete Supercycle degree so there could be various possibilities in the wave count. ......