From the backlink we had the model below.
If this model is correct we should now be in the very early stages of wave 3 (or C) up. A really good indication that this happening would be a gap up just over the top of the 38.2 fib. This is not confirmed yet. The recent move down to the 50 fib might turn out to be A of 2orB and then a move up to fill the left hand gap in 3 waves and then one more move down to the 70.7 fib in order to put in the C of 2orB. This would also close the gap of December 24th.
Stop out below green 5/red C.
Wednesday, January 13, 2016
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