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Elliott Wave Focus / Index Insight
      by Paul Strunk

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1//28/2018


This is the current favored count for the long term weekly chart.


Since 666 in 2009 we have been in a cyclical bull market.  This is Super Cycle wave (I) of Grand Super Cycle [V].


My last target for the possible end of Super Cycle (I) was 2872
Super cycle (I) can only end when a 5 wave impulse of the right degree completes. This greatly narrows down potential end points for the huge wave that began at 666 in 2009.

We have reached my last target for the potential end of SC (I)..  When a target is attained it is time to be very cautious.  The market, of course, will tell us if SC (I) is complete or will push another small degree leg higher..