I feel “pretty good” about this count as it’s been tracking ever since the “top” at 3.
Certainly appears we are in THE 5th wave … it could mark a 1 but either way, when complete, I do expect quite the meltdown.
No rules have been broken thus far –
- 2 can’t go below the start of 1 – check
- 3 can’t be the shortest – check
- 4 can’t overlap the beginning of 1 – check
Thus – looks like a 5th wave is in progress. the most recent price action “feels” like a 3rd of a 3rd so expect some up down up to complete 3, then a nice correction for 4 and then up up into the 5th of the 5th wave.
Targets, for now, are in/around 102-123. Will tighten as these levels approach ..
Also, don’t be surprised if it parabolically takes off also …