TVC:NYA   Indice Composite NYSE
I think the NYSE Composite Index best shows where I think equities are at and where I think they are going. Primary wave 1 ended in October 2007, wave 2 in March 2009, and wave 3 in January 2022. Wave 2 is a zigzag that lasted 511 days and resulted in a 59.74% drop. Wave 4 should be any corrective structure other than a zigzag. It has been 784 days since January 2022 high. I am looking for wave 4 to be an expanded flat, as the area in the orange ellipse just does not look impulsive to me. I believe that the B wave of wave 4 is at or near completion and for the C wave to terminate between 10387.1680-11250. Good luck.
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