
In Correction
The wave count as shown in the chart above is tentative. As usual, counting subwaves in a correction is difficult as the proper count often becomes evident only when the correction is complete. Although the waves over the last few days appear to be an uptrend, I am taking a cautious stance considering that they are part of the correction. If this is correct, we would see Subwave c (brown) forming and going down next week. Let us see.