Based off Elliott wave theory we see the possible outcomes and dates at which we may see this. I was testing a previous wave and sure enough the theory was correct and hit 91c, perhaps its just coincidental that it came at the time that Biden announced the taxes. Nevertheless, I actually would have personally thought this would go much higher than this (it could still go higher but i think that if we base our waves of the previous waves with their calculated percentage gains and retraces then we wont see 100+ in this cycle as many others may suggest. I am still hopeful but trying to look at the chart with unbiased mindset, this is what i have come up with. We could see less we could see more.
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