![]() ![]() However, there will be more upside after wave (IV) ends due to a couple of reasons. Now the moment of truth will happen within the next few months when most of the World Indices will end the cycle from 2009, as we show in the following chart of the $SPY:Ī wave (IV) should happen in 2020, which without a question will affect the path or strength of Nvidia. The Instrument turned lower and did seven swings lower until, as we show in the following chart. ![]() As the Elliott Wave Theory explains, after five waves, there will be three waves pullback. The advance since the all-time low appears impulse or five waves advance which ended on. Nvidia is one of those instrument across the market which has ended the Grand super cycle since the all-time low. ![]()
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