OCBC still yet to get out of the correction that started in Apr 2018.  Its correction pattern brought out some interesting point for worthy of archiving.

The above is the Supercycle degree Elliott Wave count.

Supercycle Wave ((3)) = peaked in 1996

Supercycle Wave ((4)) = 1998 due to AFC

Supercycle Wave ((5)) = peaked in 2000

Supercycle Wave ((C)) = 2003 due to dot.com bubble and recession in 2001 – 2003

new Supercycle Wave ((1)) = peaked in 2007

new Supercycle Wave ((2)) = 2009 due to 2008 GFC

Now it is in the new Supercycle Wave ((3)) in which when the next financial crisis comes, it will be new Supercycle Wave ((4)).

The new Supercycle Wave ((3)) is being break down into Cycle degree (1)-(2)-(3)-(4) (marked in magenta).  The current correction is Cycle degree (4).  The Primary degree of Cycle degree Wave (1) …