To get back to it, with a bit of EW (which have been working pretty well up to now)
http://i.imgur.com/64tbmSM.pngWe are definitely into 3 of 3 of c, it does show on macd, and the subminuette count confirm it. RSI still have some margin to go down before the next bounce.
I expect wave 5 to lack intensity, probably falling short and possibly to cause a double bottom. Too much selling pressure at the moment.
But let see where we going first.