This new wave count is a test in the short term.
corrective higher low in wave ‘ii’ pink.
Crude could be in for another serious rally dead ahead,
So instead I am going to give a quick over view
As to why he is completely wrong about his forward projections
for the Euro area economy, and the world economy in general.
Mean reversion is hell of a thing!
The wave counts are lining up quite nicely at the moment.
This pattern will also complete a lower degree head and shoulders around wave [ii] green
Another sign that stocks are lurching towards another bear market phase.