Do you no longer believe there is another low coming as the 5th wave after the current (from your previous post) 4th wave? I've counted what you call impulse as a quick 3-wave a, the following a-b-c as b, and now the upward wave in progress as c - which would be 5 waves whether the whole thing is a zigzag or a flat. And then I expected it would come down for the final 5th wave. Is your new analysis considering the current wave in progress as sub-wave 3 of the new uptrend wave 1 (post correction)? Would love to hear your thoughts. Thanks!
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No, that's still on the table. I'm only trying to discern IF the bottom is in.
Yes I was thinking exactly the same. This could be the C wave up, counting 5 subwaves, making the correction a Zig-Zag and then again down for the final leg down.
Exactly. Although it's seeming like that would be too fast, looking at the timeline, which might mean that the the end of 5-wave-C is actually just wave-A of a higher degree, and we still have B and C of the higher degree to complete before the final 5th wave descent. It may never end... :)