Backing out to the 1-hr perspective, still expecting another lower low UNLESS an impulsive motive wave up forms in (v) of minute wave i (adjusted white count wave degree from earlier posts). The white count is a non-overlapping Leading Diagonal
off a 3-wave
a-b-c low in February. The probability of this count is highly suspect imo
- rare pattern off an apparently incomplete decline - so price will need to prove itself for the bull
Primary expectation is for one of the bear
counts pointing to completion of wave 5 below 7.00.