It seems that IV) of V] of the supercicle, that started in 1932, is developing, that means we are in a bear market since 2018.
I don't think we have finalized the corrective wave, beacuse it would finish in the area of the FOUR of minor grade (between 14000 and 6500).
We have an ABC flat that started in January 2018 and finished past March 2020, that flat could be a W wave
Right now, we are developing a zigzag X wave, it finished the A wave (impulsive), we are in the B wave (corrective) and it will begins the C wave (impulsive) that will finish the X zigzag.
After that, we will develop a Y wave to new minimums (ideally, near 6500).
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