after an uninspirig sideways action the count is becoming consistent with the wave v count. we have evidence to believe we are in a triangle right now, this should play out in a day or two. Triangles are always terminal moves!, this is a hard rule, means we are close tothe bottom if this plays out a triangle. There are limits how far this can go so we may be offered a clear cut leading buy signal in the coming days.
If it is wave v, does this mean no 2xx? I was quite looking forward to it, even had some fiat ready to buy.
Sorry, this is a confusing thing you must learn about ew. there are many fractal degrees we must deal with. there may be wave ((v)), wave (v), wave v, wave (V) and wave V wave 5 etc..... we will still probably get a wave V to 2xx, but this is wave (v) of (c) of (B) of IV. Wave C will take us up to 4xx.