Please see linked idea below.
A wave 2 correction is typically in the form of a Zigzag (5-3-5) thus the final Wave C subdivision should consist of a 5 wave structure as depicted in the chart.
Sub division breakdown:
Wave (3) was shorter in length from Wave (1) which indicates that the final Wave (5) will be shorter than Wave (3).
There is a possibility that...
The chart illustrates a regular flat within the longer term correction which consists of a 3-3-5 wave sequence (A,B,C). Currently unfolding is the subdivision of Wave C which began from the November high of 1877.14.
Wave 2 is typically 38.2%, 50%, 61.8%, 76.4%, or 85.4% of wave 1.
Sustained pressure saw an eventual break of the resistance at the 0.618 fib...