A high is possible if we had a wave five failure (green "(5)?"). There is no confirmation yet with a three-wave decline from the point of failure so far.
An expanded flat-like wave B (blue) or wave Two (red) pullback looks more probable.
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A high is possible if we had a wave five failure (green "(5)?"). There is no confirmation yet with a three-wave decline from the point of failure so far.
An expanded flat-like wave B (blue) or wave Two (red) pullback looks more probable.
A possible high (red 5) or small-degree wave-two (green) or wave-B (blue) retrace with MA50 as a potential floor.
How it fits into the larger tracking counts:
Here is what the tracking chart posted last week looks like with 5 additional bars of the week.
A small-degree five-up likely points to the green 5 (or [i] of 5) or the blue A of (Z).