Big Correction
The STI made a big correction this past week, causing the prior wave count to be invalidated. This is now adjusted as shown in the above chart. This count anticipates that Subwave ii (brown) has ended and that next week we shall see Subwave iii (brown) forming. However, if the STI continues to plunge next week, then it would appear that Wave 2 (orange) has not ended. We shall see.