Elliott in Cycle 1 to $26

6 июн. 2018 г.

My preferred count for Cameco is that we are currently in Cycle 1 that may go on for some months yet. Within Cycle 1 we have completed an Intermediate Wave 1 in Jan 2017, and Intermediate Wave 2 in October 2017.

We are now in Intermediate Wave 3, and are completing a minor Wave3 right now. We then need to complete 4 and then 5 to complete higher degree Intermediate Wave 3.

Once Intermediate Wave 5 is actually complete sometime next year, we can expect a larger degree correction that would complete Cycle 2. From there we will embark on Cycle 3.

18 июл. 2018 г.

Заметка

Not enough of the structure unfolded to allow Wave Minor Wave 3 to reach sufficient highs to allow Wave 4 to remain above the price high of Minor Wave 1.
Therefore, Im considering that we the unfolding wave up was the completion of a lesser degree Wave 1 only and we are still inside a Wave 3 impulse wave up. Within Minor Wave 3 we are also in a larger degree Intermediate Wave 3 within a higher degree Primary Cycle Wave 3.