Resolution Soon
The STI continued to trend up, but tentatively in small daily increments. The two alternatives shown in the chart are now about balanced in terms of probability. If we see a strong upward surge next week, it would confirm Subwave iii (brown) and the ALT wave count will apply. But the possibility of Subwave c (brown) developing into an expanded flat remains. This would be confirmed by the STI dropping significantly down next week. So next week we should have a resolution between the two alternatives.
My next blog will be on 3 Jan 2020. Happy New Year to all !!