Hello everybody,
I think that I have to change my Elliott wave main count. This morning I mentioned it already, that I had a count, where wave orange 4 could have concluded already.
This afternoon I found a reasonable way to count that move. (see picture on my blog)
At this point I can not say, if the blue wave 4 has concluded too now, but price is dropping hard right now. Maybe we get a big flat, where this leg down is the B wave.
But my gut says: wave blue 4 has concluded.
More later......
I think that I have to change my Elliott wave main count. This morning I mentioned it already, that I had a count, where wave orange 4 could have concluded already.
This afternoon I found a reasonable way to count that move. (see picture on my blog)
At this point I can not say, if the blue wave 4 has concluded too now, but price is dropping hard right now. Maybe we get a big flat, where this leg down is the B wave.
But my gut says: wave blue 4 has concluded.
More later......