Continued from STI Analysis -- the next peak and trough ? (55)
STI-2
Don't think anybody will still believe this Elliott wave count is the correct one going forward now with the Wuhan Coronavirus (aka Novel Coronavirus) going on. Technically speaking, this wave count is not yet broken as there isn't any rule violation. Rule violation will occur when STI falls below the 2955.68 in October 2018. Thus, still can't remove this scenario off the analysis.
STI-N
This STI-N scenario was first included in the analysis in STI Analysis -- the next peak and trough ? (46) in May 2019. This wave count indicates STI after hitting the peak in 2015 after the 2008 GFC is in SuperCycle degree wave 2 correction phase. Yes, SuperCycle degree wave 2 correction started in 2015 and now it is into its 5th year. Possible ? Yes, SuperCycle degree has a time frame of multi-decades hence, for one...