Long Term Forecast for Goldman Sachs (GS)

A very interesting chart – a slow advance, almost horizontal, however, well alternated to qualify for a motive wave. The current wave (marked A) does not look motive at all. It could be just the beginning of a flat or a triangle, the second wave in a more complex corrective pattern. From the perspective of the dynamics of the waves, I would not be surprised if this correction lasts for 3-5 years or possibly more years.

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