The crowd thinks we're in a bull run when we're at ATH. But something is wrong. On the chart we see huge sales volumes and almost 3 years of bearish divergence. The new top can be wave b. The whole correction could be extended flat. In extended flat wave b can return 123.6% of wave a. In this case c can return the whole wave b or even more than 161.8% of wave b.
Comment:
On the chart we see that 123.6% of wave a has been overcome. In Expanded or Irregular FLAT, wave b can go up to 138.2% of wave a.