Hey @mikebrisy, its essentially the levels it $ will hit for each of the 5 waves. It may vary to a degree and at those times I will replot the chart taking into account any major variations from this path. Even thought the chart shows the levels of the main waves it may happen fast or slow over time so the plot isnt really time dependant, which or course will change how steep or shallow the trend channel will be. Remember that each wave is also made up of 5 smaller waves and so on.

@Saiton …. Looks like the market is paying more attention to your “waves” than my “don’t expect much today.”

LOL