CLIFF NOTES: case can be made for 5 waves.  5th is in progress w/ some targets noted below.  Bottom line is this puppy (much like IBB) has NEVER broken a swing low in this run so run w/ this one until a swing low is broken on a “closing weekly basis.”  This count sure looks like we are in a 5th and the geometry sure looks like it’s “just starting” to go parabolic.

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Author: BART

BART is a CMT and an expert a "advanced" pattern recognition used w/in the intermarket analysis discipline. He's also an accomplished Business Development Executive providing solutions to a myriad of business markets.

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