@ 4 PM
Visiting the alternate count...
Up movements look impulsive, the down movements look corrective.
Even if allowing for some (i) and (iv) overlap, subminuette (iv) should have completed here as a wxy double zigzag.
But we are seeing a corrective down movement yet again, so most likely a 9 wave extension is unfolding for a Minor 5 up, as in the preferred count.
@ 12 Noon
Visiting the alternate count...
Up movements look impulsive, the down movements look corrective.
Even if allowing for some (i) and (iv) overlap, subminuette (iv) should have completed here as a wxy double zigzag.
But we are seeing a corrective down movement yet again, so most likely a 9 wave extension is unfolding for a Minor 5 up, as in the preferred count.
@ 12 Noon
Nothing new to add to the wave structure today. Just recounting the possibilities.
Preferred : It was an abc correction, and we are in minor 5. Minor 5 may or may not make a new nominal high.
Alternate : 1344 was the top. We may be in a leading diagonal down, where iv overlaps with i.
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