If we compare the previous cycle degree wave I impulse wave to our current wave III underway... It took 42 and 43 weeks from the low to reach a high (circle 1) in both cases and 10 weeks of correction (circle 2). Circle 3 should kick in any time now with a target of 2400 to 5800 (circle 3). April-May is where the market should crest
Note circle 1 could be a large expanding leading diagonal.
Note circle 1 could be a large expanding leading diagonal.