I found something which indicates this might be just another X wave.
A close look at the DOW reveals that today's down action can only be an abc, making it an 11-wave corrective move to the downside.
@ 4 PM
Wave structure indicating that market is positioned to react either way on the German Constitutional Court decision tomorrow at 4 AM EDT.
A 3rd wave down, as a double zigzag for minuette ii can be counted.
Or further extend the wave c of the second zigzag to the upside.
@ 12 Noon
A 9-wave minuette i may be complete.
Though this could be another X wave as well.
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