Alright. This is an update to the update from earlier.Though I showed that there was a way to count the move off the top 1163.87 top as an impulse, I didn't see the forest for the trees in this example.
What affects the count is what occurs after the 1162.76 top on 10/5 all the way down to 1151.41 on 10/7. It's basically an expanded flat. So the impulse that I show is the c leg of the flat.
That's all there is to it.
Now what are we looking at for tomorrow? I still see the nested 1-2 but also the ending diagonal option is very appealing.
I have adjusted the subwave labels to reflect that. I have also added the Fib extension ratios for possible wave 3/c targets (hmm doesn't this look familiar??)
So I will maintain that the chances/odds are high that we pop towards 1163-1164 minimum. After that, we may pullback sharply. If that happens, keep an eye on the support levels.
