In the backlink my model suggested that a bottom was in at the 38.2 fib. If this was a true bottom then we should see a rapid break out of the 23.6 fib to the upside and people should begin to notice very soon now. Wave 3 is the point of recognition after all.
If the chart crosses north of that red line then the fed is in trouble folks. Note that this could also pull back to the 61.8% fib to close that gap. But a move above the 23.6 fib and the ability to hold it strongly suggests that wave 3 up is in progress.
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