An for a C wave is rare, but I believe the properties coincide with where we currently stand fundamentally in the world - uncertainty, and the struggle between old bulls and bears is coiling down into the tip of a ....
More often then not, the 5th wave of an (or any triangle) never touches the . It commonly over or undershoots the line, (with an undershoot being more , as sediment picks up, it won't have a chance to get to its target)
Im thinking this will happen not only fundamentally (bulls are very anxious, as you can see by how fast we shoot up, and how slow we correct down, china news coming to an end, etc.) but I also have a measured bottom around the 320 area from fibs. I have measured the corrective waves within in the and got that target as demonstrated here:
Also note, that the measured bars at the bottom are more for reference then a measured move. I have never successfully predicted time.
Please comment, and tell me where you think we are at.