Daily Elliott Wave Count As we were expecting since Sunday and confirmed 2 days ago, the impulsive movement to the down side was underway and with this strong decline expressed a strong and clear longest 3) wave, we are near the 261.8% wave 1 extension which is common projection, as we expect an even longer move for this wave 3)) we do not intent to take profits at this point, just be prepare for a 4) wave retrace. If the end of this wave 3)) do not get considerably lower than wave 1)) we will need to lower the degree of this entire movemen from 103.70s