Tesla hit my OMH that I called for yesterday. That completes 5 waves up and we should be starting our wave 2 descent now. It could be short/shallow or it could be long/deep. The rules of alternation dictate wave 4 should do the opposite of wave 2, which is why it is harder to predict wave 2 and wave 4 usually becomes more complex.
I'll give more details later tonight or tomorrow but suffice to say wave 2 normally ends between the .382-0.618 but could retrace 99.9% of wave one and still be valid.
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Bonam Fortunam,
--Tyler
Go to ewtdaily.com for DETAILED DAILY UPDATES on 27 unique tickers and a daily zoom call with members to discuss latest analysis and get a 7-day FREE trial
Bonam Fortunam,
--Tyler
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