This is as Elliot Wavey as ill ever get

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via @hks55:

still the play

Emerging markets. If there was a constructive case I would have expected it to eject out of this channel with lower oil and softer dollar recently. Yet nothing. Should continue its descent soon.

consolidations are becoming shorter and shorter at higher and higher levels. like a volcano that is building magma at base of the mountain and then moving up to smaller chambers higher up the mountain the pressure builds as the chambers are getting smaller. soon itll blow

yes. this is done right here. totally. it is going to stop on a dime right here right now and go straight up vertically like a rocket.

 

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