A lot of nothing yesterday, which is to be expected. There's not much to add here as we could retest the low again, meaning last Friday was some small degree of a wave 3 and yesterday was a wave 4 bounce. If that's correct then we could see another drop for a wave 5 to finish this leg down, and then we rally next week for that wave 2 up inside wave C down.
Do we have to have another move down first? No, it could have been finished last week but usually there's a retest of the low for at least a higher high but usually a slightly lower low. Either way there's nothing to do in my opinion until the end of next week where I think we'll see the best short of our lifetime.
If the market crashes the week of 9/23 into October no one will see it coming but the insiders. Whether or not we do a reset in the currency is unknown but there's a lot of technical reasons to suggest a nasty drop too. Below is another video from Bo Polny that again points to that week. I see in the technicals, so something is coming...
Have a blessed day.
