mcd corrective wave due?

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MCD looks ready to simmer down for a while. MCD will probably be great long long term but it could be due for health consolidation/correction.
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I had my doubts about that being a top but looks like we nailed that one pretty good. It's on trend now so we'll see if it finds support or begins a deeper correction. Real estate is due for a correction going into mid 2020 so it wouldn't surprise me to see MCD correct.
Chart PatternselliotwaveanalysisMCDmcdonaldsTrend AnalysisWave Analysis

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