Mastercard 5 waves up complete?

Mastercard – what a great business model. you swipe the card and they get paid ..nice.

that being said, sure looks like 5 waves complete w/ monster bearish divergence.  note the blue median line.  price has not closed below that on a monthly basis, if we do get that close, then this could accelerate to the downside.

also, thru some geometry on there … when using arcs, the 3 o’clock position is a time component and the top of the circle is price.  see how the “time” component nailed the low?  that gives you a heads up that the price (top of the circle) should be stiff resistance.



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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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