i show some of the recent macd histogram divergence (bearish in red, bullish in green).
my view of the market is wave 5 is unfolding at the moment. target is near the upper channel line by mid february to early march. 30K seems reasonable and a nice round number for primary wave (circle) 3 to end. later we have a more drawn out correction for primary wave four (possibly 3 months)
my view of the market is wave 5 is unfolding at the moment. target is near the upper channel line by mid february to early march. 30K seems reasonable and a nice round number for primary wave (circle) 3 to end. later we have a more drawn out correction for primary wave four (possibly 3 months)