In the backlink I was still modeling for the predicted bottom to hold and a bounce to the level of the prior 4th to take place. Not much has changed since then and black C could already be in progress but I suspect one more lower low will be seen into black B (full gap fill) before seeing 5 strong waves into black C. The whole thing will also likely model as a rising wedge with e wave throw over by the time it is done.
Sunday, December 6, 2015
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