If the blue path were going to happen it would likely have happened by now because it would be a 3rd wave and they tend to get 'er done. As you can see from the current snapshot below, this is looking a lot like my red primary path and not so much like my blue path.
If you are not a trader, what are you waiting for? If you are a buy and holder, this one is worth some of your long term money for sure. This, CLF, and some golden miners at these prices for a buy and hold mentality? It's a no brainer. Cost average in if you like but now is the time to start getting it because when they move it is likely going to be quick.
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