As I wrote yesterday "I will not bet on that count" meaning the alternate count calling for one last rally above 10,723.50 and what did we get? YES! you guessed it, we got the alternate count, so the stops on any shorts just above 10,723.50 was off cause taken out with a very small 0.41% loss.
So now that we know, that the move to 10,561.06 was only wave 4 of c of Z og [B], what can be expected? As wave 3 can't be shortest wave the maximum length of wave 5 is to 10,879.41.
As I don't like to loose more than 1% on a trade, I will short a break above 10,771 with a 10,880 stop or on a break below 10,561.06 ((the bottom of wave 4)with a 1% stop-loss), which would call for a quick move down to at least 10,263.97.
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