The daily chart shows the correction going back to the high of June 2015, that makes it over a year of consistent selling! This market is oversold by every single metric! And that’s where the contrarian in me gets ignited. On the chart you can see wave ‘y’ green is now almost complete to the downside, Wave ‘y’ green itself has broken into a double combination! the complex nature of this correction is the reason why I have been thrown off the scent so many times. But this overall corrective structure is coming to an end soon and the rally will be mega! On the hourly chart, I have shown wave ‘y’ yellow which is ... (full story)