“ LLY is gearing up for a sharp correction down to the $35–$17 zone — a critical reset that could flush out weak hands before the next explosive bull run. Stay sharp, this is where big opportunities form. ⚠️
🔥 Summary:
Eli Lilly (LLY) looks ready for a major market reset after completing a historic five-wave climb. This could be the start of a long-term corrective Wave 2 , potentially wiping out years of gains before the next explosive super-cycle takes off. The bull run isn’t over — but it’s taking a serious pause. ⚠️📉
🌊 Wave Theory Outlook
LLY’s multi-decade Elliott structure shows a completed Cycle Wave 1 peaking near the 2.618 extension zone around $1029. Historically, such extensions often mark exhaustion.
Next comes Wave 2 , which could retrace deep into the $35–$17 zone (the 0.618–0.786 Fibonacci region and prior structural base). Expect a complex W-X-Y pattern , shaking weak hands before a powerful Wave 3 bull expansion later this decade.
📉 Price Action & Smart Money Context
The chart shows exhaustion wicks, momentum divergence, and slowing volume — classic signs of distribution .
Smart money is likely off-loading near the highs , preparing to reload at discount levels once liquidity below 2020–2022 lows is taken.
Expect liquidity sweeps, imbalance fills, and a long-term accumulation base forming near the orange demand zone before the next breakout.
💰 Fundamental Alignment
Despite incredible fundamentals — obesity and diabetes drug leadership, global demand growth, and innovation — valuation gravity always returns .
A deep correction would align price with sustainable earnings and provide institutional re-entry opportunities at fair value.
🧠 Traders ,
"the charts are whispering — a major LLY correction is loading.
Our projections highlight the $35–$17 zone as the key accumulation region before the next super-cycle.
Stay alert, plan your levels, and don’t fight the wave. 🌊📉
Where do you think LLY bottoms out? Share your thoughts below 👇”
— Team FIBCOS
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