Friday, with a strong bullish move, the old alternate count has definitely surpassed the previous preferred count, that's was invalidated.
Now, the new main scenario always includes a wave y of minor degree in progress, but it takes the structure of an upward zig-zag a-b-c , where wave c is in wave [5] .
Now, the new main scenario always includes a wave y of minor degree in progress, but it takes the structure of an upward zig-zag a-b-c , where wave c is in wave [5] .
However, an issue deserves attention: this intermediate wave (z) in progress could not be a simple complex w-x-y but a double complex w-x-y-x-z , so the tops could be reached after a pullback in wave x .
Have a great trading day...with care!
ElwaveSurfer
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