US leading company: FedEX will make its top-out Formation after this coming wave C-sub-4 correction (down to 113.71 ). The top-out area will be 146.29---150.25 ( as Major-C = Major-A ). Then it will be plunging into a total Fib. 38.2% correction area: 92.39 because of volume divergence. Therefore short term view is SHORT, and mid term view is LONG and long term view is SHORT again.