Until it hit the 9.618 extension and fell hard.
Now it is has come back to the 4.236-4.618 band.
Looking for a bounce to next 1 or 2 bands higher.
indicate one more leg down perhaps.
If we are in wave 4 of 5, then next entry is the 3.618.
This sequence started with an Impulse on Jan 10th.
Since then every x.618 line was confirmed precisely.
The retrace also looks influenced by the same Ripples.
In regards to the count, it could be either a 1235 or an This stage is very difficult to guage EW structure as it is 50/50 right now until new data is printed.
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