heart warming to see such a cracker rally.
This rose from bad EW form but in this volatility pieces of the puzzle are becoming inevitably clearer.
We are probably at the later stage of a third wave finishing with a fifth blowout. I think we can safely say that we are at a stage in an impulse that will form a primary wave followed by a wave 2 correction.
Also worth keeping in mind is the yellow count provided by Ryan earlier which, unless I'm mistaken, still seems a valid possibility.This rose from bad EW form but in this volatility pieces of the puzzle are becoming inevitably clearer.
We are probably at the later stage of a third wave finishing with a fifth blowout. I think we can safely say that we are at a stage in an impulse that will form a primary wave followed by a wave 2 correction.
Alternatively, this 5 down could be c of (b) of B where we will get a nice rally above 315 to complete a large B counter trend correction to the 152 lows' A.
