PUG
I posted this exactly one month ago, and as time passes more convinced PUG is correct…
https://pugsma.wordpress.com/2015/06/23/june-23rd-2015-sp-500-big-picture-monthly-chart-wave-count/#comment-93665
I posted this exactly one month ago, and as time passes more convinced PUG is correct…
https://pugsma.wordpress.com/2015/06/23/june-23rd-2015-sp-500-big-picture-monthly-chart-wave-count/#comment-93665
PUG is probably, hands down, the best EW person out there… shame he doesn’t take gold and mining stocks more serious…
Agree Trek, I use to subscribe, but he lost his mojo a few months ago. His long term counts are right on…
Every bull market cycle has 5 waves which includes (2 Primary waves II and IV (approx.20%) corrections). We’ve only had 1 (2011) correction. Therefore Pugsma is most likely incorrect in his analysis.
We are currently in Primary III and when complete we can expect Primary IV which will be approx. 20% correction. Then Primary V will begin and when complete the bull market cycle will end and a bear market will begin (approx. 50% correction).
Riverbirch, you are on Caldaro’s count. PUG vs. Caldaro. This is why I am short term swing trader–no one can predict the future 100 percent of the time.