SCI-SCV, SCA-SCC: Super Cycle
C1-C5, CA-CC :Cycle
P1-P5, PA-PC : Primary
[1]-[5], [A]-[C] : Major
1-5, A-C : Minor
(1)-(5), (a)-(c) : Minute
i-v, a-b : Minuette
Primary Count:
White/Green (Bull Market)
White/Red (Bear Market)
Alternate Count: Blue
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Posted by pugsma on July 9, 2018
The red count looks like a major [B]-PY-CB completed as a flat wave (double bottom) of 117.40 with the major [C]=[A] target of 138.72.
The blue count needs to keep falling towards the 107.00 level in major [1]-P3-CC.
GLD daily chart:
GLD weekly chart:
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