$62 target for GM ?

2 มิ.ย. 2018

Intriguing behavior:

- Same relationship found in yellow and orange waves:
(3) = 161.8% of (1)
(iii) = 161.8% of (i)

(4) = 61.8% of (3)
(iv) = 61.8% of (iii)

- Both degrees violate traditional EWT in the same manner.

- What currently in place:
(v) = 123.6% of (i)+(ii)+(iii)

Extrapolate this relationship to the higher degree:

(5) --> 123.6% of (1)+(2)+(3)
III --> 161.8% of I

Both extrapolated levels find each other at $62 level.

This is the expected maximum for wave III. Be aware that this is long term target.

2 มิ.ย. 2018

บันทึก

2 มิ.ย. 2018

บันทึก

Very short term, I think GM is in (iii) of 1 of (5) of III. If old relationship works, GM will find top of (iii) soon around 43 before retracing back to 38-40 levels. If you want to get in, these levels (if actually happen) are good entries.