On past Friday’s session, Cable confirmed the main hourly count, soon after, it reached the projected target to the pip before reversing gears.
In today’s main hourly count we are looking for evidence to support the idea that the corrective pattern we have been following is mature. On the other hand, the alternate hourly count suggests that a larger-degree wave pattern is incomplete.
As always, we will wait for either count’s confirmation point to be reached to determine the highly probable count.
[View Wave Counts & Charts…]