The market rolled over yesterday and did not put in a higher high, so it looks to me like the wave B up from the low on October 10th is finished. We should be in the wave C down now, and we most likely completed the first wave 1 inside it at the low Wednesday, with the start of the wave 2 up afterwards.
Once the wave 2 finishes we should see the wave 3 of C down... then 4 and 5 should complete that C by early next week I believe. It's continuing to unfold nicely with wave patterns. Today could start the wave 3 down of C, or the wave 2 up takes more time to complete. Possibly it subdivides into a small abc pattern and tops into Friday?
Hard too say but after that wave 2 bounce is done the wave 3 of C should produce a nasty drop. Naturally that wave 3 could subdivide into 5 smaller wave too, but there's no point at trying to figure that out now. Let's just see if it happens or not.
Have an blessed day.
