In this update, I endeavor to clarify our current position within Wave B of Wave iv within the broader downward movement of Wave E. The intricate, fractal nature of the waves might make the explanation less straightforward, but I strive to present the material as clearly as possible. Going forward, I will ensure clearer labeling for better comprehension.
It's increasingly evident that this correction will unfold gradually, so caution is advised against news articles proclaiming an imminent breakout. Many analysts tend to be incorrect in their predictions, as you may have noticed by now. The most reliable indicator remains price action.