We are currently tracing out a minor Expanded flat correction as wave ii or b. Wave i or a ended at 135.41 and since the Expanded flat has been developing. The ideal target for this correction is at 136.57 where wave (c) will be 1.618 times longer than wave (a), but it could continue towards the 137.35-137.45 area, where wave (c) will be 2.618 times longer than wave (a), but at the same time 61.8% of wave i will be retraced.If we see wave (c) reaching the 137.35-137.45 area it should be a low-risk selling area.
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