(Click on the picture to enlarge)Wave b or ii has just finished and I'm now looking for wave c or iii down. If we are lookin at wave c, it should be a five wave affair with a target near the 69 - 68.75 area, which is where wave c will equal wave a and it will be the 61.8% retracment of the move up from 65.33 to 75.00.
A firm break below 68.75 would add confidence in the wave iii count and for a move closer towards 65.33 again.
As I mentioned yesterday we are still left with a couple of valid counts, but form an time will ultimately show us the rigth one.
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