We now have a visual 9-wave advance from the Jan 30th low (where wave [iv] was marked in Chart 1).
blue - Once the 9th wave ends, a top should be in place.
green - wave v of (iii) is itself extending. [3] is up in progress with [4]-down and [5]-up to follow.
red - wave v of (v) is itself extending. [3] is up in progress with [4]-down and [5]-up to follow.
Chart 2 offers a squiggle count.
[1115am] SPX update -
Extension or reversal. See charts.
[645am] DAX and ES update -
Where to mark various 4th waves appears to be the key.
