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Non-Tech : Kirk's Market Thoughts
COHR 128.86-2.9%1:12 PM EDT
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To: Kirk © who wrote (13664)5/10/2022 11:11:48 AM
From: POKERSAM1 Recommendation

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berniel

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A lot of people are on that boat. They want to think that this is an ABC correction of the advance from 2191..
If we were correcting the advance from 2191 to expect a 50% correction would be reasonable.
What we are actullly correcting is the advance from 666. 666 to 4818 was Super Cycle (I) of Grand Super Cycle [V]. 2200 will be a retrace to support and a 61.8% retrace in Super Cycle (II).
73% of the time, wave two retraces one between 50% and 61.8%.
.
Breeze posted his Long term chart yesterday. I agree with it except for one thing. He thinks Super Cycle (I) of Grand Super Cycle [V] has one more leg up. I think Super Cycle (I) is over.
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