MCD: Is following the script laid out in June (see here) exactly as planned. Hence, IMHO now is not the time to become complacent. Red intermediate-iii is likely close to completion, but should ideally tag on another $10ish before intermediate-iv takes hold and brings price back down to around $150 before the next wave-v rallies price to new ATHs to complete Blue Primary III at ideally around $210-220s. The next move is then a multi-year decline for Primary IV to ideally $130-$140. But, that’s so far out we for now should focus on intermediate-iii, iv and v. Note that v will be the weakest wave and not the money making wave… Upside reward is diminishing the higher price goes, while at the same time the downside risk is increasing.