This is what (according to my count) wave 3 (of my previous idea green wave) subdivides into. We may have reached the end of ABC in which wave 4 may subdivide, but wave C may end even lower, around 363 area would be the bottom allowed by the count otherwise it would enter wave's 1 territory which is not permitted, a recount would be needed if that happens. Overall...
Following my previous idea (see related idea at the bottom), now looks clear to me we are in wave C. I have adjusted my ABC counts and adapted my C wave subwave's count.
This may not be an ABC depending where C wave ends, if it goes beyond 350 my previous counts may be wrong since may 11th 2014 should not be passed by wave's C top, unless counts are wrong. On the...
Looks like we've reached our previous ideas goals. Wow, I can't believe it....
Question is... where are we right now? Looks like there are the next two possible scenarios to me:
1) Correction wave (ABC) in red has finished and we are in the Bearish impulse wave (orange), if this is the case, we should have topped 2nd wave heading to the 3rd down wave.
2) I tend to...
Could wave 2 still be developing and 260 target be on sight? After ranging for a while, target might be a little bit too far in time from my previous idea, but as time goes by, waves A, B seem to have already formed and wave C be developing. If this is the case target around 260 seems to be still possible. I guess we will just have to keep waiting and see....
Could this be wave 2 or am I completely wrong and this is wave C? If it is C then it might go up to around 330? otherwise could wave's 2 top be around the red box? I guess we will shortly see-
